Cobra Resources Plc (GB:COBR) has released an update.
Cobra Resources Plc, an exploration firm, announced successful passage of all resolutions at their Annual General Meeting, signifying steady progress in their strategy to optimize rare earth production costs at the Boland Project in South Australia. The company focuses on utilizing in situ recovery mining to de-risk their rare earth deposit, potentially setting a new industry standard for low-cost production. Cobra also maintains promising gold prospects at their Wudinna Project, highlighted by a significant gold resource estimate.
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