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The latest announcement is out from Koba Resources Limited ( (AU:KOB) ).
Koba Resources Limited has announced the successful intersection of significant mineralisation during the first phase of drilling at the Mt John Prospect within the Yarramba Uranium Project in South Australia. This initial drilling, which targeted extensions of the MJ3B target, revealed promising results, extending mineralisation over 600 meters. The company plans to resume drilling in February to further explore the remaining seven targets within the prospect, indicating potential for substantial uranium discoveries. This progress could enhance Koba’s position in the uranium market and offer promising implications for stakeholders.
More about Koba Resources Limited
Koba Resources Limited is a company involved in the exploration and development of uranium projects, with a particular focus on the Yarramba Uranium Project in South Australia. The company is engaged in identifying and developing potential uranium deposits to meet energy and industrial needs.
YTD Price Performance: 4.29%
Average Trading Volume: 112,485
Technical Sentiment Consensus Rating: Buy
Learn more about KOB stock on TipRanks’ Stock Analysis page.
