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Cobra Resources Launches Sonic Drilling at Boland Rare Earths Project

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Cobra Resources Plc (LSE:COBR) has begun sonic core drilling operations at its Boland Project in South Australia, marking a significant step forward in its exploration of ionic Rare Earth Elements (REEs). The drilling initiative is aimed at evaluating the orebody’s potential for in situ recovery (ISR) and examining the concentration of valuable heavy rare earth elements, including dysprosium and terbium—critical materials in global high-tech industries.

The results, expected within the next four to six weeks, will play a crucial role in defining the project’s resource base, conducting ISR field trials, and refining metallurgical processing techniques. Success in these areas could substantially strengthen Cobra’s foothold in the rare earths sector.

About Cobra Resources Plc
Cobra Resources is an exploration and development company committed to unlocking the potential of its rare earth and gold assets. The company is focused on advancing its flagship Boland Project, where it applies environmentally conscious and cost-effective ISR methods. In addition to REEs, Cobra maintains significant gold holdings in South Australia’s mineral-rich Gawler Craton.

  • Average Daily Trading Volume: 1,256,947 shares

  • Technical Sentiment: Bullish (Buy Signal)

  • Market Capitalization: £9.66 million

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