Cobra completes acquisition of 100% stake in rare earths project
(Alliance News) - Cobra Resources PLC on Monday said that conditions relating to the Wudinna project acquisition agreement have been met.
Read more(Alliance News) - Cobra Resources PLC on Monday said that conditions relating to the Wudinna project acquisition agreement have been met.
Read more(Alliance News) - Cobra Resources PLC on Monday said that results from sonic core drilling at the Boland ionic rare earths prospect demonstrated a sound source of magnet and heavy rare earths.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read moreCobra Resources PLC - Australia-focused gold and rare earth exploration company - Reports historical drillhole stage 1 re-assay results at its Wudinna project in South Australia, which "support massive scale potential of palaeochannel-hosted ionic rare earths". Says testing has defined heavy rare earth oxide enriched mineralisation in the Yaninee Palaeochannel, southwest of the Boland prospect. Intersections confirm prospectivity across a further 150 kilometres squared of Cobra-held palaeochannel. Mineralisation is in same geological units as Boland, where conditions support high recoveries.
Read moreCobra Resources PLC - Australia-focused gold and rare earth exploration company - Completes sonic core drilling at the Boland rare earths prospect in the Wudinna project in South Australia. Says preliminary observations "are highly encouraging", suggesting that Boland "has the right features to be a low cost, low impact source of magnet rare earths". Testing finds high grade concentrations of rare earths within permeable zones, coinciding with "exceptional metallurgical recoveries". Permeability testing is underway to define the site's production potential.
Read moreCobra Resources PLC - Australia-focused gold and rare earth exploration company - Says it will begin testing for extensions of roll-front uranium mineralisation from the Yarranna uranium project, adjacent to the company's Boland ionic rare earths discovery in southern Australia. The Yarranna project is held by IsoEnergy Ltd, an Oxfordshire, England-based uranium company. In January, however, Cobra was granted an additional exploration tenement which extends to the southeastern portion of the Yarranna prospect. Historical water samples at Yarranna include U3O8 up to 12,300 micrograms per litre. Uranium's current spot price of USD106.00 per pound is at its highest level since 2007.
Read more(Alliance News) - Cobra Resources PLC on Wednesday said it has begun sonic core drilling at the Boland rare earths prospect in Australia.
Read more(Alliance News) - Cobra Resources PLC on Tuesday said it has been granted two rare earth tenements totalling 1,512 square kilometres in South Australia.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read moreCobra Resources PLC - South Australia-focused gold and rare earth exploration company - Says that a previously announced placing is fully subscribed, and will raise the maximum amount of GBP991,300 through the issue of 99.1 million new shares. The issue price of one pence per share represents an 11% premium to the mid-market closing price on November 14. Each share will be issued with a warrant attached, with an exercise price of two pence.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Monday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - Cobra Resources PLC on Monday reported high ionic rare earth mineralisation at the Wudinna project, after test work carried out at the Boland prospect found ionic adsorption rare earth clays.
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