Cobra Resources Plc (GB:COBR) has released an update.
Cobra Resources Plc has significantly expanded its landholding in South Australia by securing Exploration Licence 7009, enhancing its position as the largest holder of prospective palaeochannel geology in the region. This acquisition adds to the potential of Cobra’s Boland Project, which aims to develop ionic Rare Earth Elements (REEs) and uranium. The company is advancing its low-cost, low-disturbance in situ recovery mining strategy to define a scalable resource for a potential multi-generational mine life.
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