RNS: Another decent update!17 Jan 2023 07:49
Rupert Verco, CEO of Cobra, commented:
"These intersections demonstrate the growth potential of our unique dual resource at the Clarke prospect, where results suggest a significant gold system, overlain by an expanding rare earth resource.
The results of this programme provide an exceptional platform for further exploration success in our upcoming - much larger - drilling programme, which is aimed at expanding both gold and rare earth JORC resources.
A rising gold market, coupled with the demand for ethically and environmentally sourced rare earths, places Cobra in an enviable position as we are poised to grow these geologically and spatially related resources."