Cobra Resources Plc Unveils Major REE Discovery

Cobra Resources Plc (GB:COBR) has released an update.

Cobra Resources Plc, an exploration company focused on South Australia’s Wudinna Project, has announced a transformative discovery of ionic rare earth mineralisation with in situ recovery potential. The company published a maiden REE Mineral Resource Estimate and increased its gold Mineral Resource Estimate by 32%. Post-year-end highlights include the completion of a Sonic core drilling programme at Boland, confirming high-grade REE mineralisation, and the finalisation of the acquisition of the remaining 25% of the Wudinna Project, all supported by successful fundraising efforts.

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