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Koba Resources Limited ( (AU:KOB) ) has issued an update.
Koba Resources has outlined an aggressive exploration program following its acquisition of the Stannary Hills and Mt Garnet tin-tungsten projects in North Queensland from EV Resources. The company plans to commence maiden drilling in late Q1 2026 at the high-grade Stannary Hills project, initially targeting the historically productive 5km Kitchener Trend and the Jiminy Prospect, where recent sampling returned tin grades as high as 26.1%, while also advancing secondary tin-tungsten targets at the Stannex and Gilmore prospects. In parallel, Koba will restart drilling at its Yarramba Uranium Project in South Australia in February 2026, focusing on a 2,500m program at the Everest Prospect along a 4km mineralised trend near established uranium assets, and has completed a A$4.35m capital raising to fund these exploration campaigns, signalling a step-up in its efforts to define high-grade resources across its portfolio.
More about Koba Resources Limited
Koba Resources Limited is an Australian exploration company focused on high-grade tin-tungsten and uranium projects. Its portfolio includes the Stannary Hills and Mt Garnet tin-tungsten projects in North Queensland and the Yarramba Uranium Project in South Australia, targeting historically productive mineral fields and uranium districts near existing mines and deposits.
Average Trading Volume: 663,717
Technical Sentiment Signal: Sell
Current Market Cap: A$14M
Learn more about KOB stock on TipRanks’ Stock Analysis page.