Cobra Resources Plc (GB:COBR) has released an update.
Cobra Resources Plc has successfully acquired 100% ownership of the Wudinna Project in South Australia, including a rare earths discovery, uranium occurrences, and a gold resource. The company is poised to redefine the economics of mining these resources through In Situ Recovery (ISR) methods, leveraging the area’s unique geology for cost-effective extraction. Upcoming results from sample re-assays and ISR column leach trials are expected to highlight the project’s potential and economic viability.
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