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.