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Cobra has defined a unique and complementary mineral resource that:

  • Promotes sustainability, and contributes to technologies and sectors critical to global decarbonisation and the green energy transition
  • Produces favourable mining economics
  • Exposes investors to high demand commodities such as rare earths and fiscally stable commodities such as gold
  • Is advanced in conjunction with high value greenfield exploration targets

Cobra’s exploration focus is underpinned by the existing JORC 2012 gold mineral resource at the Wudinna Project:

2023 Wudinna Project Gold JORC MRE

DepositClassificationTonnes (Mt)Grade (g/t Au)Gold Ounces
BarnsIndicated0.441.318,000
Inferred2.191.6116,000
White TankInferred0.331.516,000
Baggy GreenInferred2.121.496,000
ClarkeInferred0.731.433,000
Total5.811.5279,000

2023 Wudinna Project Rare Earth JORC MRE – Overlying Gold Resources

ProspectCategoryTonnes
Mt
TREO
ppm
MREO
ppm
LREO
ppm
HREO
ppm
Pr6O11
ppm
Nd2O3
ppm
Dy2O3
ppm
Tb4O7
ppm
ClarkeInferred26.572517557115435122163
Baggy GreenInferred15.16521425121402997142
TotalInferred41.669916354914933113153
Thompson Exploration Target81 - 233640 - 856168 - 234550 - 71797 - 14032 - 42124 - 17410 - 152 - 3

Gold

Pathway to Production

Growing existing resources and improving resource confidence to bring towards production

Uranium

Numerous Sandstone Hosted Occurrences

Advancing alongside REE strategy