Cobra Resources PLC (LSE:COBR) has released encouraging final results from the re-evaluation of historic drilling samples, confirming the large-scale rare earth element (REE) potential within newly secured tenements at its Boland Project. The findings reveal notable REE mineralization across three key target areas, pointing to a meaningful expansion of the project’s overall scope. With Native Title approval approaching completion, the company is preparing for drill testing aimed at incorporating these results into an initial Mineral Resource Estimate. This progress positions Cobra to bolster its role in supplying critical metals such as terbium and dysprosium, supported by cost-efficient in situ recovery (ISR) mining techniques.
About Cobra Resources PLC
Cobra Resources PLC is a mineral exploration and development company advancing projects in the rare earth element sector. The company is focused on palaeochannel sediment-hosted REE deposits, with an emphasis on environmentally responsible and low-cost in situ recovery (ISR) methods to unlock long-term value.
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