Cobre Ltd. is pleased to provide the following update on Kalahari Metals Limited's exploration activities in Botswana through KML's wholly owned Kitlanya East project. As first announced to the ASX on 24 August 2020, KML is subject to an agreement between Cobre and the existing shareholders of KML, under which Cobre Kalahari Pty Ltd will acquire up [...]
Cobre Ltd. is pleased to provide the following update on its activities for the quarter ended 31 December 2020. During the quarter, the Company's focus was largely on the corporate front via its geographic and strategic diversification into Botswana through the proposed acquisition of a controlling interest in Kalahari Metals Limited, a copper [...]
Cobre Ltd. to acquire a controlling interest in Kalahari Metals which is the second largest tenement holder in the highly prospective Kalahari Copper Belt in Botswana next to Sandfire Resources. Cobre Ltd. has entered into a binding agreement to acquire up to a 51% stake in KML funded by the issue of circa 21.4 million Cobre shares. Under the [...]
Cobre Ltd. is pleased to provide the following update on Kalahari Metal Limited's exploration activities in Botswana through KML's wholly owned Kitlanya East project. KML is subject to an agreement between Cobre and the existing shareholders of KML under which Cobre Kalahari Pty Ltd will acquire up to a 51% interest in KML . Completion of the [...]
Cobre Ltd. is pleased to announce that it has signed the Share Purchase Agreement for the scrip-based acquisition of up to 51% of the equity of UK based company, Kalahari Metals Limited , . The terms of the SPA are generally consistent with the binding Heads of Agreement previously entered into by the parties in respect of the Transaction. This [...]
Over the past year, significant progress has been made to the overall value of Cobre Ltd. with the achievement of a number of significant milestones - including the Company's listing on the Australian Securities Exchange in January. Using the $10m funds raised from the IPO, Cobre embarked on a strategic 1500-meter diamond drilling program at its [...]
Cobre Ltd. is pleased to announce the successful completion of the due diligence period under the Heads of Agreement the Company executed with, among others, Metal Tiger plc , for the proposed scrip-based acquisition of up to a 51% interest in the equity of Kalahari Metals Limited . KML owns the second largest tenure holding in the Botswana portion [...]
Cobre Ltd. is pleased to provide the following update on its activities for the quarter ended 30 September 2020. During the quarter, the Company undertook a dual focus of continuing to concentrate on its exploration activities at the Perrinvale Volcanic-Hosted Massive Sulphide Project located in Western Australia and also through the geographic and [...]
Cobre Ltd. previously announced, on 24 August 2020, the signing of a binding Heads of Agreement for the proposed scrip-based acquisition of up to a 51% interest of the equity of Kalahari Metals Ltd. KML owns the second largest tenure holding in the Bostwana portion of the Kalahari Copper Belt after ASX listed company Sandfire Resources. Cobre [...]
FY20 was a transformative year in which Cobre Ltd. achieved a number of strategic milestones including the Company's listing on the ASX following its successful Initial Public Offering in January 2020 which raised $10m before costs. The funds from the IPO was the catalyst which enabled Cobre to embark on a 1500-metre diamond drilling program at the [...]
Cobre Ltd. is pleased to provide an update on its metallurgical test work being undertaken for the mineralisation from the Schwabe Prospect within the Perrinvale Volcanic-Hosted Massive Sulphide Project located in Western Australia. Schwabe Metallurgical Testing Western Australian group, Independent Metallurgical Operations Pty Ltd , have been [...]
Newly incorporated OzAurum is looking to take a portfolio of strategic assets that had been assembled over almost 30 years by founder and managing director Andrew Pumphrey to the ASX next year. The assets sit in the shadow of Saracen Mineral Holdings' Carosue Dam gold mine about 100km northeast of Kalgoorlie, a region that has been the subject of [...]
