Cobre Ltd. is pleased to announce that it has agreed to invest A$1.0m into the capital raising announced yesterday by Cobre's largest shareholder, ASX and AIM listed, Metal Tiger plc , who are undertaking a two tranche conditional capital raising of A$5.0m , at a placement price of A$0.37 per CHESS Depositary Interest . Commenting on the investment [...]
Cobre Ltd. is pleased to announce the completion of airborne magnetic and gravity surveys on Kalahari Metal Limited's wholly owned Kitlanya West project in Botswana. In addition, diamond drilling has now commenced on the first Airborne Electromagnetic target with initial results corroborating the conceptual target model with mineralisation expected [...]
Cobre Ltd. is pleased to advise shareholders and investors that the Company will be presenting as part of the Broker Briefing Mining & Resources Investor Webinar on Thursday 15 July 2021, which will feature video presentations from several ASX listed companies. Date: 15 July 2021 Time: 11:30am AEST / 9:30am AWST Presenter: Executive Chairman and [...]
Cobre Ltd. is pleased to provide an exploration update with regard to Armada Exploration Limited which holds two exploration licences, covering a total area of 2,991 km2, prospective for magmatic Ni-Cu sulphide, in Gabon. The licence holding is considered to present a frontier district-scale exploration opportunity. As previously announced Cobre [...]
Cobre Ltd. is pleased to announce that mobilisation to site of both Reverse Circulation and Diamond Core drill rigs has been completed and drilling has now commenced on Kalahari Metal Limited's wholly owned Kitlanya East project in Botswana. This drilling programme is aiming to target structurally controlled trap-sites for prospective copper/silver [...]
Cobre Ltd. is pleased to provide the following update on its activities for the quarter ended 31 March 2021. HIGHLIGHTS Gabon: - Signing of an Investment Agreement with Armada Exploration Limited who holds exploration licenses prospective for magmatic Ni-Cu sulphide situated in Gabon. Botswana: - Identification of Priority Copper Targets [...]
Cobre Ltd. is pleased to announce the commencement of a new field exploration programme on the Company's wholly owned Perrinvale Volcanic Hosted Massive Sulphide Project in Western Australia. Highlights: - Step change in exploration approach driven by geological understanding; - Potential for increased areas of intermediate to felsic volcanic rocks [...]
Cobre Ltd. is pleased to announce the commencement of drill programmes on Kalahari Metal Limited's wholly owned Kitlanya East and Kitlanya West projects in Botswana. Highlights: - Drilling contractor mobilisation scheduled for late April - A combined Reverse Circulation and Diamond Core programme of 7,000m - Compelling structural trap sites and [...]
Cobre Ltd. is pleased to announce the successful raising of A$6.7 million at $0.17 per share via a two-tranche placement to sophisticated and institutional investors with the funds raised to be used primarily to meet the capital requirements for exploration under the Company's joint venture African investment, with Metal Tiger plc , through [...]
Cobre Ltd. to acquire the controlling interest in Kalahari Metals Limited. Kalahari Metals Limited is the second largest tenement holder in highly prospective Kalahari Copper Belt in Botswana next to Sandfire Resources Ltd. Following shareholder approval today the 6th of April 2021, Cobre Ltd. ASX:CBE will acquire up to a 51% stake in KML funded by [...]
Cobre Ltd. is pleased to announce the signing of an Investment Agreement with Armada Exploration Limited , a Mauritian holding company, that owns 100% of Armada Exploration SARL, which is the owner of two exploration licences prospective for magmatic Ni-Cu sulphide situated in Gabon . Covering a total area of nearly 3,000km2, the licence holding [...]
The principal activities of Cobre Ltd. during the financial half-year was the exploration and evaluation of the assets held by Cobre's 100 per cent owned subsidiary Toucan Gold Pty Ltd , primarily at the Perrinvale Project, which covers 408km2 of the Panhandle and Illaara Greenstone Belts in Western Australia. The Company also continued to incur [...]
