Further soil sampling and preparation for the upcoming 10,000m aircore programme are underway at Cobre Ltd.'s Kitlanya West Project which, combined with the Ngami Copper Project , covers ~2,700km2 of prospective terrane for sedimentary hosted copper-silver deposits on the northern margin of the Kalahari Copper Belt . Highlights: - Interpretation of [...]
Cobre Ltd. had a transformational half-year, securing its position as the second largest landholder in the KCB by acquiring the remaining 49% interest of Kalahari Metals Limited , giving it 100% ownership of KML. Cobre is now able to fully exploit the exploration potential of the extensive 5,384km2 license package in Botswana . During the reporting [...]
Cobre Ltd. is pleased to announce that it has completed the issuance of 3,001,300 sharesto various non-related parties of Triprop Holdings Limited to move to 100% ownership of Triprop. Triprop is the registered license tenement holder for Cobre's Ngami Copper Project as well as the northern portion of the Okavango Copper Project in Botswana [...]
Cobre Ltd. is pleased to provide an exploration update on the Ngami Copper Project and KITW projects following a recent technical review of results. At NCP, several new targets are emerging in close proximity to the 4km strike-length Comet target which has already returned several significant downhole copper intersections including 12.2m @ 2.7 [...]
Cobre Ltd. is pleased to provide the following update on its activities for the quarter ended 31 December 2022, a quarter in which the Company secured 100% ownership of KML and accelerated advanced exploration in the KCB. During the quarter, Cobre secured its position as the second largest landholder in the KCB by acquiring the remaining 49 [...]
Cobre Ltd. is pleased to advise the results of the Company's Share Purchase Plan announced to the ASX on 19 December 2022, which closed on 17 January 2023. Pursuant to the SPP, 212 valid applications were received for a total of $2,961,450 comprising a total of 19,742,938 shares which far exceeded the Company's targeted amount of $1,000,000. Given [...]
Cobre Ltd. is pleased to announce a Share Purchase Plan , which opens today, 28 December 2022. The SPP is part of a wider capital raising being undertaken by the Company. The SPP follows on from the $5 million placement as announced to the ASX on 19 December 2022 . The Placement is being carried out in two tranches. The first tranche of the [...]
Cobre Ltd. is pleased to announce that the Company has received firm commitments from institutional, sophisticated and professional investors for the placement of approximately 33.3 million new fully paid ordinary shares at an issue price of $0.15 per New Share to raise gross proceeds of A$5 million . Highlights: - Successful completion of a A$5 [...]
Cobre Ltd. is pleased to announce it has entered into a binding Heads of Agreement with Tshukudu Exploration Ltd , a subsidiary of ASX-listed Sandfire Resources Ltd. to procure AGG data over its Ngami, Kitlanya West and Kitlanya East Copper Projects in Botswana. The cost of the survey will be split equally between CBE and SFR in return for SFR [...]
Cobre Ltd. is pleased to announce the appointment of Mr. Adam Wooldridge as Chief Executive Officer of the Company effective today. Mr Wooldridge is currently the CEO of Cobre's wholly owned subsidiary, Kalahari Metals Ltd . This appointment represents another exciting step for both Cobre and KML following Cobre's recent consolidation of 100 [...]
Cobre Ltd. is pleased to announce assay results for drill hole NCP20A which has intersected a significant zone of chalcocite mineralisation within a parasitic fold. Highlights: - Assay results from discovery hole NCP20A at the Comet Target, Ngami Copper Project , Botswana have returned significant, high-grade copper-silver results, demonstrating [...]
Cobre Ltd. is pleased to announce that, following the approval of shareholders at the Company's Extraordinary General Meeting held on 22 November 2022, it has today completed the acquisition of the remaining 49% interest in Kalahari Metals Limited , moving to 100% ownership of KML. KML owns the second largest tenure, covering a total area of [...]