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Koba Resources Limited ( (AU:KOB) ) has shared an update.
Koba Resources Limited has acquired the Stannary Hills and Mt Garnet Tin-Tungsten Projects in Queensland, which include several high-grade historic mines and significant unmined mineralization. This acquisition positions the company to capitalize on high tin prices with drill-ready targets. Additionally, Koba discovered a new high-grade uranium prospect at the Yarramba Uranium Project in South Australia, enhancing its exploration portfolio. The company has secured a $4.35 million placement to advance these exploration projects, indicating strong investor confidence and potential for growth 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 of tin, tungsten, and uranium, with projects located in Queensland and South Australia.
Average Trading Volume: 282,834
Technical Sentiment Signal: Buy
Current Market Cap: A$13.91M
For a thorough assessment of KOB stock, go to TipRanks’ Stock Analysis page.