Cobre Limited (AU:CBE) has released an update.
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Cobre Limited announced the successful completion of hydrogeological tests at the Ngami Copper Project in Botswana, demonstrating hydraulic connectivity and sufficient permeability for the In-Situ Copper Recovery process. These results mark a significant step in the development of the project, indicating potential for copper-silver extraction from the substantial mineralized zone. The tests will inform ongoing fluid flow modelling and contribute to the project’s engineering and financial feasibility studies.
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