Cohiba Minerals Ltd. is pleased to announce that, further to its announcement of 10 December 2020, the Company received strong support from eligible shareholders regarding the Company's Share Purchase Plan Offer with total application funds received under the SPP amounting to $9.38 million. Highlights - SPP closes early and heavily oversubscribed [...]
Cohiba Minerals Ltd. is pleased to announce that strong interest has been received to date from eligible shareholders regarding the Company's recently announced Share Purchase Plan Offer . Following this strong interest and in order for any potential refunds of oversubscriptions under the SPP that are not accepted by the Board to be processed in [...]
Cohiba Minerals Ltd. is pleased to announce it will be providing existing eligible shareholders the opportunity to participate in a capital raising via a Share Purchase Plan targeting $2.0 million before costs with an issue price of $0.017 per share. Shareholders who were registered holders of CHK shares at 7:00pm AEDT on 27 November 2020 and whose [...]
Cohiba Minerals Ltd. is pleased to provide an update in relation to the exploration drilling program at its Horse Well project in South Australia . Drill hole HWDD01, the western-most target in the Horse Well project area was completed on November 10 to a depth of 1,182.9m. The core has been logged and will be shipped to Adelaide for further [...]
Cohiba Minerals Ltd. provides below an update in relation to the exploration activities carried out during the September 2020 quarter. Highlights for the September 2020 Quarter - The Heritage Survey for the drilling programs at Pernatty C and Horse Well was completed in conjunction with the Kokatha Aboriginal Corporation and Australian Heritage [...]
Cohiba Minerals Ltd. is pleased to announce that it has successfully renewed EL6183, a key tenement in the Horse Well area for another year without any loss of area. The Company has exceeded its minimum annual expenditure requirement and met all of the conditions to ensure full renewal. HWDD03 had just passed the 1,095m mark and continues to show [...]
Cohiba Minerals Ltd. is pleased to announce that drilling on its first hole at the Horse Well prospect is complete and the second drill hole has passed the 1,000m mark. HWDD02 was completed at 1,013m and the drill core has been sent back to Adelaide for further technical review and assaying. HWDD02 encountered black shales from 684 - 890m which [...]
Cohiba Minerals Ltd. is pleased to announce that it has notified Olympic Domain Pty Ltd that it has exceeded the $1.5 million expenditure requirement to secure an 80% ownership in the Olympic Domain tenements in South Australia. The Company has informed Olympic Domain of the expenditure milestone achievement and is awaiting formal acknowledgement [...]
Cohiba Minerals Ltd. is pleased to announce that drilling on its first hole at the Horse Well prospect is progressing well and has passed the 400m mark with a change over from RC drilling to diamond drilling. The diamond drilling is progressing at around 60 - 70m per day indicating that the target depth of 1,200m should be achieved in approximately [...]
Cohiba Minerals Ltd. is pleased to announce that it's received binding commitments for a capital raising of $2.29 million . Due to the strong demand for the new Shares from both existing and new shareholders, the company was able to place these direct without any costs. Highlights - Binding commitments received for a capital raising of $2.29m from [...]
Cohiba Minerals Ltd. is pleased to announce that formal approval of the Heritage Survey and Exploration PEPR for the drilling program at Horse Well and Pernatty C has been received and the Company has given the green light for our drilling contractors, DRC Drilling, to commence mobilisation and drilling. Field personnel have been deployed to site [...]
Cohiba Minerals Ltd. provides below an update in relation to the exploration activities carried out during the June 2020 quarter. - Cohiba Minerals met milestone target in gaining 51% of Olympic Domain tenements under Farm-In Agreement with the drilling programs expected to achieve the 80% ownership target. - 3D inversion modelling of the [...]