Cobra Resources (LSE:COBR) has initiated field trials at its Boland Ionic Heavy Rare Earth Project in South Australia, marking a key milestone in its plan to validate low-cost, environmentally responsible in-situ recovery (ISR) mining methods.
The company has also signed a Deed of Assignment with the Barngarla Traditional Owners, allowing the transfer of exploration licenses for additional tenements identified as having strong potential for rare earth element discoveries.
According to management, these initiatives represent important progress in Cobra’s broader strategy to position itself as a major producer of heavy rare earth metals, a move expected to strengthen both its market profile and stakeholder relationships.
More about Cobra Resources Plc
Cobra Resources Plc is a mineral exploration and development company headquartered in South Australia, specializing in critical minerals such as rare earth elements and copper. Its flagship project, the Boland Ionic Heavy Rare Earth Project, is designed to leverage ISR mining to reduce environmental impact and operational costs while supporting the global transition to sustainable resource development.
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