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Koba Resources Limited ( (AU:KOB) ) just unveiled an update.
Koba Resources reported continued fieldwork at its Stannary Hills and Mt Garnet tin-tungsten projects in Queensland, where rock chip sampling returned extremely high-grade tin assays of up to 26.1% Sn across multiple prospects. The company is nearing completion of permitting for a maiden drilling program targeting four priority prospects and is also advancing additional tin and tungsten targets with new LIDAR data to refine drill locations.
At its Yarramba Uranium Project in South Australia, Koba completed a 23-hole drilling program at the high-grade Everest prospect to follow up zones exceeding 1,000 ppm U3O8. Results from this campaign are expected shortly and could influence the company’s exploration strategy and portfolio balance between critical metals and uranium assets.
More about Koba Resources Limited
Koba Resources Limited is an Australian exploration company focused on high-grade tin, tungsten and uranium projects. Its key assets include the Stannary Hills and Mt Garnet tin-tungsten projects in North Queensland, part of the historic Herberton Tin Field, and the Yarramba Uranium Project in South Australia, where it is targeting high-grade uranium mineralisation.
Average Trading Volume: 406,228
Technical Sentiment Signal: Sell
Current Market Cap: A$10.57M
See more data about KOB stock on TipRanks’ Stock Analysis page.