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Stage 3 Geochemistry and Drilling Programme
Stage 3 Geochemistry and Drilling Programme.
About this update from Cobra Resources Plc
[{"type":"text","content":"\n \n \n RNS Number : 3610S\n Cobra Resources PLC\n 08 July 2020\n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \n \n For immediate release \n \n \n 08 July 2020\n \n \n \n \n \n Cobra Resources plc\n \n \n \n \n \n (\"Cobra\" or the \"Company\")\n \n \n \n \n \n Exploration Programme Update - Stage 3 Geochemistry and Drilling Programme\n \n \n \n Cobra \n \n is an exploration and mining company which today announces an update on exploration and evaluation of the Wudinna Gold Project. A pdf version of this announcement with maps is available via the Company's website:\n \n https://cobraplc.com/investors/regulatory-announcements\n \n \n \n This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \n \n This announcement is to update the market on the Stage 3 geochemistry programme and planned drilling programme: \n \n \n Highlights:\n \n \n ·\n \n The Stage 3 geochemistry programme has commenced with both historic Reverse Circulation (RC) drill samples and soil samples sent to ALS laboratories for analysis.\n \n \n \n \n · \n \n Approximately 3000 historic RC samples from Baggy Green; Baggy Green North; Clarke; and Laker; and a further approximately 1100 soil samples from Larwood have been submitted for multi-element Geochemical analysis.\n \n \n \n \n ·\n \n These results will provide pathfinder analysis and final targeting for a planned drilling programme to commence in Quarter 3, 2020.\n \n \n \n \n · \n \n The Company has an approved drilling permit for drilling at Baggy Green; Baggy Green North; and Clarke; as well as a new soil sampling programme at Larwood.\n \n \n \n \n ·\n \n An ongoing exploration permit is currently being negotiated to enable an RC drilling programme at Laker.\n \n \n \n \n · \n \n The Company currently expects the drilling programme to commence in September. \n \n \n \n \n \n \n In Detail:\n \n \n The Stage 3 geochemistry programme is focused on refining greenfields drilling targets at Clarke; Laker; and Larwood; as well as providing furt...