Cobra Resources Plc (GB:COBR) has released an update.
Cobra Resources Plc, focusing on its Boland Project in South Australia, has announced promising half-year results, highlighting a unique ionic rare earth element discovery suitable for cost-effective ISR mining. The company has completed a significant drilling program, confirming the potential for a world-class source of rare earths and advancing metallurgical studies to optimize the ISR process. Moreover, Cobra has expanded its portfolio by acquiring new tenements and raising funds to further develop the Boland Project towards a scoping study planned for 2025.
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