Cobra Resources Plc · LSE:COBR
Cobra Resources — Corporate Update (March 2022)
7 slides from Cobra Resources's corporate update, March 2022
Slide 1: Wudinna Project Rare Earths Growth Strategy Indicative Work Programme
WUDINNA PROJECT Rare Earths Growth Strategy Indicative Work Programme March 2022
Slide 2: Rare Earths Discovery | Rapid Expansion by Pulp Re-Analysis
Rare Earths Discovery | Rapid Expansion by Pulp Re-Analysis London Stock Exchange: COBR Rare Earths defined over 0.5km2 area at Clarke where: • The average true width REO intercept is 18.7m • The average intercept Total Rare Earth Oxides (TREO) intercept is 597 ppm Staged approach to analysing pulps
Slide 3: Wudinna Project | Testing Regional Targets for REEs
Wudinna Project | Testing Regional Targets for REEs London Stock Exchange: COBR Large tenement scale opportunity • Significant areas of granite contact orioles • Increased saprolite weathering profiles likely to increase REE mobilisation and potential intercept thickness • Average intercept thicknes
Slide 4: Expanding Rare Earths & De-Risking Gold Exploration
Wudinna Project | Expanding Rare Earths & De-Risking Gold Exploration London Stock Exchange: COBR A complementary exploration approach • Rotary Air Blast: Low cost, low disturbance broad coverage exploration technique • Enables saprolite testing for REEs and PONTING pathfinder analyses of gold and b
Slide 5: Growth Opportunity
Wudinna Project | Growth Opportunity London Stock Exchange: COBR Active work programme with immediate results Wudinna Project Indicative Work Programme Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Programme Rehabilitation Pulp Reanalysis Stage 1 - 2020 RC drilling Preliminar
Slide 6: Summary | 3-Pronged Strategy in Play
Summary | 3-Pronged Strategy 5 in Play Gold • Existing 211,000 Oz gold JORC Mineral Resource Estimate • Defined extension anomalies and 22 untested calcrete anomalies • Pathway to 1 million Oz resource Rare Earths • Market advantage: potential to be a sole complementary IAC and gold resource • Favou
Slide 7: Disclaimer
Disclaimer 6 THIS PRESENTATION AND ITS CONTENTS ARE NOT FOR RELEASE, accounting, financial, credit and other related advice prior to making an Company Act of 1940, as amended. PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR investment. INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES O