Cobra Resources Moves Forward with Boland Project After Successful Sonic Drilling

PUBLISHED: 12 May 2025 @ 18:14 | Comments (0) | More info about Fiona Craig

Cobra Resources PLC (LSE:COBR) has completed a 10-hole, 423-meter sonic core drilling campaign at its Boland Project, located in South Australia. The drilling focused on ionic Rare Earth Elements (REEs), specifically enriched in dysprosium and terbium. This marks an important milestone towards delivering a rare earth Mineral Resource Estimate at Boland, with assay results expected by early June 2025.

The Boland Project stands out due to its potential for environmentally responsible in situ recovery (ISR) mining, which could offer significant cost advantages and strengthen Cobra’s position in the growing rare earths sector. The project’s development is poised to benefit stakeholders as demand for these critical materials continues to rise.

About Cobra Resources PLC

Cobra Resources is dedicated to the exploration and development of rare earth projects, with a primary focus on its Boland Project in South Australia. The company utilizes in situ recovery (ISR) mining techniques, offering a more sustainable and cost-effective method for extracting ionic REEs, which are vital for high-tech and green energy industries.

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Cobra Resources Launches Sonic Drilling at Boland Rare Earths Project by Fiona Craig