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Cobra Resources (COBR) Share News

IN BRIEF: Cobra Resources wins South Australia government funding

22nd Jun 2022 11:11

Cobra Resources PLC - London-based exploration and resource development company focused on South Australia - Secures AUD73,250, around USD50,567, of funding from the South Australia state government to advance exploration and subsequent resource definition at its Wudinna project. Gold mineralisation has been defined across 400 metres of strike at the Clarke prospect on the project, which is near Adelaide. This mineralisation sits outside of the project's existing 211,000 ounce gold resource. Read More

IN BRIEF: Cobra Resources discovers high-grade intersection at Wudinna

20th Jun 2022 11:57

Cobra Resources PLC - Wudinna gold project in South Australia - Identifies "exceptional" high-grade rare earth element intersections within saprolite clays at several regional targets at the stage 4 reanalysis of a further 78 drill holes from its Wudinna project in Australia. Says that a number of the prospects yielding high-grade rare earth intersections will be tested within its current aircore drilling programme. Adds that the high-grade intersections occur along a 47-kilometre structural trend across the project's 1,832 square kilometres. Read More

IN BRIEF: Cobra Resources to start aircore drilling at Wudinna site

14th Jun 2022 14:25

Cobra Resources PLC - Wudinna gold project in South Australia - Says McLeod drilling has mobilised the Wudinna project site in South Australia to start the first phase of the company's 2022 field programme. It intends to drill a total of 6,000 metres across 97 holes. Read More

IN BRIEF: Cobra Resources annual loss widens on higher costs

31st May 2022 11:57

Cobra Resources PLC - Wudinna gold project in South Australia - Pretax loss widens to GBP1.7 million in 2021 from GBP1.0 million the year before. Puts this down to finance costs that jumped to GBP1.1 million from GBP39,755. Recognises no revenue in the year, as it still in its pre-revenue stage and raises funds for its activities through the issue of equity and debt. Read More

SMALL-CAP WINNERS & LOSERS: IQ-AI's IB Zero G moves closer to approval

31st May 2022 10:44

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

IN BRIEF: Cobra Resources re-analysis shows rare earth mineralisation

5th May 2022 20:12

Cobra Resources PLC - Wudinna gold project in South Australia - Reports results from stage 2 and 3 re-analysis of a further 96 drillholes from historic drilling at the Baggy Green and Clarke prospects. Says rare earth elements intersected across a broad region connecting the Baggy Green and Clarke prospects, extending the defined REE mineralisation footprint at Wudinna to approximately 4 kilometres, with mineralisation open in multiple directions. At a 350 parts per million total rare earth oxidecut-over grade, 85 holes produced significant intersections where the average grade was 530 ppm TREO over an average true width of intersection of 15.4 metres. Metallurgical test work is underway. Read More

TRADING UPDATES: BlueRock output rises; Watkin Jones profit to fall

13th Apr 2022 18:47

(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 More

IN BRIEF: Cobra Resources jumps as results confirm more mineralisation

6th Apr 2022 14:51

Cobra Resources PLC - Wudinna gold project in South Australia - Says results from the reanalysis of 15 drillholes at Baggy Green, Barns, and White Tank on the Wudinna gold project in South Australia confirmed more rare earth mineralisation above gold resources. Continues that it confirmed the potential for clay hosted ion adsorption mineralisation within the saprolite horizon above and proximal to the existing gold resources. Explains it reanalysed the holes after its recent rare earth discovery at the Clark site. Says that the quantity of high-value magnet rare earths is consistent with results from the previously reported Clarke discovery. Notes that results from 38 holes at Clarke and a further 66 holes from Baggy Green are expected this month. Read More

TRADING UPDATES: Cobra in line for earn-in; Argo agrees fleet swap

14th Mar 2022 20:57

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Cobra Resources raises GBP945,000 for Australia gold project

16th Feb 2022 13:24

Cobra Resources PLC - Wudinna gold project in South Australia - Confirms raises GBP945,000 from an oversubscribed placing of 63.0 million shares at 1.5 pence each. Cobra had first announced its plans on Tuesday, and the amount raised was what it had targeted. The placing was run by SI Capital Ltd and Taylor Collison Ltd acted as joint bookrunners. The new shares equal 14.9% of the expanded total. Non-Executive Director David Clarke bought 6.3 million shares in the placing, worth GBP95,071. Read More

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