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

Rare Earths

Overlying Gold Resources

Expand rare earth resource footprint in association with gold exploration

Uranium

Numerous Sandstone Hosted Occurrences

Advancing alongside REE strategy