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The latest update is out from Koba Resources Limited ( (AU:KOB) ).
Koba Resources Limited has acquired the rights to two high-grade tin-tungsten projects in Queensland, Australia, located in the Herberton Tin Field, the second largest tin production region in the country. These projects, Stannary Hills and Mt Garnet, offer significant potential for discovering high-grade tin and tungsten mineralization, with historical mines showing promising drill results. A $4.35 million placement has been secured to fund exploration activities, positioning Koba to advance its projects and potentially enhance its standing in the mining sector.
More about Koba Resources Limited
Koba Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and exploration of tin and tungsten, with a market focus on high-grade mineral projects in Australia.
Average Trading Volume: 224,336
Technical Sentiment Signal: Buy
Current Market Cap: A$12.32M
For detailed information about KOB stock, go to TipRanks’ Stock Analysis page.