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IN BRIEF: Cobra Resources continues work programme at Wudinna

6th Sep 2021 11:05

Cobra Resources PLC - exploration and mining company - Says geochemical saprolite drilling at Wudinna gold project in South Australia is nearing finalisation. Geochemical returns are being compiled and drill targets prioritised. Also, gravity surveying will shortly be undertaken to detail three magnetic and geochemically anomalous features considered prospective for the discovery of iron oxide copper gold mineralisation. In addition, Cobra Resources says it appointed Bullion Drilling Pty Ltd to undertake a 4,000 metres reverse circulation drilling programme at the Wudinna gold project. Drilling is scheduled to commence around mid-October.

Current stock price: 1.99 pence

Year-to-date change: down 0.6%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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