Cobra is defining a unique multi-mineral resource at the Wudinna Project in South Australia’s Gawler Craton, a tier one mining and exploration jurisdiction which hosts several world-class mines.

Cobra’s Wudinna tenements, totalling 1,832 km2, and other nearby tenement rights totalling 2,941 km2, contain highly desirable and ionic rare earth mineralisation, amenable to low-cost, low impact in situ recovery mining, and critical to global decarbonisation.

Additionally, Cobra holds a 213 km2 exploration tenement in northern Tasmania which is also considered highly prospective for ionic rare earth mineralisation.

Cobra’s Wudinna tenements also contain extensive orogenic gold mineralisation and are charactersied by potentially open-pitable, high-grade gold intersections, with ready access to infrastructure. Cobra has 22 orogenic gold targets outside of the current 279,000 Oz gold JORC Mineral Resource Estimate, and several iron oxide copper gold (IOCG) targets. 

In addition to the Wudinna Project, Cobra has an early-stage copper exploration project known as the Prince Alfred Project, also in South Australia. 

Diversified Portfolio

Gold, Rare Earths, IOCG

Prime Location

World-leading mining jurisdiction

Strategic Exploration

Lowering per Oz discovery cost

Demonstrated Success

Significant intercepts outside current gold resource

Strategic Development

Pathway to 1M Oz gold resource
Expanding rare earth resource footprint
Maturing IOCG targets

Cobra Resources’ Wudinna Project is in the Gawler Craton, the oldest and largest geological province in South Australia.

The region is a hotspot for IOCG deposits, which are currently mined by BHP, OZ Minerals, and others, whose projects are located not far from Cobra Resources’ land tenure. 

In addition to five low-cost, high-value IOCG targets, Cobra Resources’ Wudinna tenements contain extensive orogenic gold mineralisation – complemented by rare earth mineralisation – and are characterised by potentially open-pitable, high-grade gold intersections, with ready access to nearby infrastructure.   

We have a three-pronged strategy in play.

Cobra Resources provides unique access to a range of strategic commodities from highly prospective geological terrain within a tier 1 mining jurisdiction. Our three-pronged strategy to de-risk exploration and ensure investment success is:


Pathway to 1M Oz

Grow existing gold resource by developing near-resource targets and refining regional anomalies.

Rare Earths

Overlying Gold Resources

Expand rare earth resource footprint in association with gold exploration to develop a complementary mineral inventory, while advancing regional targets.


Multiple Targets

Mature high value iron oxide-copper-gold (IOCG) targets.

The critical nature of magnet rare earths to global decarbonisation, coupled with the long-term fiscal stability of gold, enables Cobra Resources to define a globally unique mineral inventory in a world-class mining jurisdiction.

Add our potential for copper discoveries, and we provide unique access to a range of strategic commodities in the stable and ethical mining jurisdiction of South Australia.


Gold is renowned for its value as a safe haven while it is also becoming a key component in electronics and space exploration. It does not corrode, is a great conductor of electricity, and is highly resistant to heat. There is increasing demand for gold from the electronics industry, with 330 tonnes of gold used in technology in 2021 alone.

Rare Earth Magnets

Growing demand for rare earth minerals is driven by the energy transition and underpinned by demand for permanent magnets. The Western world is pushing to reduce reliance on China (90% of global supply) for the elements which are critical to electric cars, wind turbines and cell phones. The global rare earth magnet market reached a value of US$16.4Bn in 2021.


Copper is essential to modern life. It is a major industrial metal because of its high ductility, malleability, thermal and electrical conductivity, and resistance to corrosion. Copper supply is tight and forecast to be in deficit for the foreseeable future due to strong demand from the electric vehicle sector.

Greg Hancock


Greg has over 25 years' experience in capital markets and corporate finance. He has extensive experience in Australia and the UK through close links to the stockbroking and investment banking community. He has specialised in mining and natural resources and has a background in finance and management of small companies.

Dan Maling

Non-Executive Director

Dan is a Chartered Accountant and member of both the Australia & New Zealand and England & Wales professional bodies. He has over 25 years of senior corporate and commercial management experience primarily in the natural resource and technology sectors. He has worked with several AIM, ASX and TSX listed companies providing corporate finance, business development and strategic advice. Daniel is a partner of Orana Corporate LLP, an accounting and corporate advisory boutique based in London.

David Clarke

Director, Business Development and Asset Marketing

David is a geologist with more than 50 years’ professional experience and 25 years' as a director of public companies. He was a geologist with the Commonwealth Department of the Interior and a Chief Geologist at Santos. David played a role in the discovery, development and production of the million ounce Tuckabianna gold mine in Western Australia, the Newrybar mineral sand mine in New South Wales, the Mud Tank vermiculite mine in the Northern Territory, and the Mindarie mineral sand mine in South Australia.

Rupert Verco

Chief Executive Officer & Director

Rupert is a mining specialist with over 15 years’ experience in Australia and internationally. His key areas of focus include resource definition, reserve optimisation, mine planning, and mine operation. He has managed operations through all phases of the mining cycle on projects that cover a range of commodities including gold, copper, uranium, tin, and iron ore. Rupert is a fellow of the Australasian Institute of Mining and Metallurgy and holds a First Class Honours in Geology.

Robert Blythman

Exploration Manager

Robert has over 15 years’ experience as an exploration geologist, focused on South Australia, Victoria and the Northern Territory. He has both mining and exploration experience in orogenic style gold projects and his experience covers a range of commodities including gold, copper, uranium and rare earths. Robert is responsible for delivering Cobra’s field programmes safely and successfully while ensuring the best possible outcome for all stakeholders.