Koba Resources Limited (AU:KOB) has released an update.
Koba Resources Limited has strategically expanded its uranium portfolio by securing an option agreement to acquire 100% of the Harrier Uranium Project in eastern Canada, known for its abundance of high-grade uranium mineralization. With assays revealing up to 5.83% U3O8 and significant unexplored potential, the company plans to start fieldwork in June 2024 to set the stage for drilling. The deal complements Koba’s continued focus on its Yarramba Uranium Project in South Australia and represents a cost-effective opportunity to explore a promising region with historical high-grade findings.
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