Cobre Limited (ASX:CBE) Quarterly Activities Report
Quarterly Activities ReportSydney, July 29, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) is pleased to provide the following update on its activities for the quarter ended 30 June 2021. During the quarter, the Company continued to focus on its diverse project portfolio in Australia, Botswana and Gabon.
HIGHLIGHTS
- Maiden Joint Venture drilling program underway in the Kalahari Copper Belt, Botswana; and
- Initial results from diamond drilling confirm the existence of D Kar Formation in the fold structures mapped in the Airborne Electromagnetic modelling.
Perrinvale:
- Field exploration ongoing to identify new targets for drilling.
Cobre Limited (ASX:CBE) Investment in Metal Tiger plc (ASX:MTC)
Investment in Metal Tiger plc (ASX:MTC)Sydney, July 27, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) 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 (
Commenting on the investment into Metal Tiger, Cobre s Executive Chairman and Managing Director, Martin Holland, said: The Cobre Board believes this investment shows commercial alignment and gives Cobre shareholders additional interest to the Kalahari project and royalties MTR owns over the district. Cobre has a high level of confidence in the Metal Tiger Board and management team and believes this investment is one which will prove to be one of significant value for Cobre s shareholders. I look forward to continuing our relationship under the Joint venture agreement - with the aim to discover a new Cu deposit in Botswana and see
Metal Tiger PLC (AIM:MTR) | RNS | Kalahari Metals Limited: Exploration Update proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
Cobre Limited (ASX:CBE) Kalahari Metals - Kitlanya West Exploration Update
Kalahari Metals - Kitlanya West Exploration UpdateSydney, July 14, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) is pleased to announce the completion of airborne magnetic and gravity surveys on Kalahari Metal Limited s (KML) wholly owned Kitlanya West (KIT-W) project in Botswana. In addition, diamond drilling has now commenced on the first Airborne Electromagnetic (AEM) target with initial results corroborating the conceptual target model with mineralisation expected on or above the Ngwako Pan Formation (NPF) and D Kar Formation (DKF) contact.
Highlights:
- Airborne gravity has mapped out an ENE trending gravity low, likely related to the development of a deeper sub-basin in the lower Kalahari Copper Belt (KCB) basin, the margins of which would be considered prospective sites for Cu-Ag mineralisation;
Metal Tiger PLC (AIM:MTR) | RNS | Kalahari Metals Limited: Exploration Update proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.