12th Feb 2024 12:07
Cobra 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