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Cobre Ltd (ASX:CBE)

ALERT: Price-sensitive ASX Announcement for CBE
Current share price for CBE : $0.425 0.155 (57.41%)+
Announcement
Release
23 Jul 2026 9:33AM
Price at Release
$0.270
Full Release
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Summary
Cobre Ltd released an exploration update highlighting successful drilling results from its Botswana copper projects, specifically on NCP licenses. The program revealed significant copper and silver mineralization, with several holes intersecting substantial lengths of high-grade copper zones. Notable results include an intersection of 35 meters at 1.3% Cu and 18g/t Ag from drill hole NCP20A. These findings enhance the potential for resource expansion and underscore Cobre Ltd's strategic focus on developing its copper assets in Botswana, reinforcing its exploration efforts in a region known for its rich copper deposits.
Key Points
  • Cobre Ltd reported significant drilling results from their Botswana copper exploration project.
  • The drilling program was conducted on various NCP licenses with notable copper and silver intersections.
  • Key intersections included high-grade copper zones with significant lengths, such as NCP20A with 35m at 1.3% Cu and 18g/t Ag.
  • Drilling aimed at expanding the known mineralization and defining additional resource potential.
  • Cobre Ltd is focusing on advancing the exploration and development of their Botswana copper project.
  • The report highlights Cobre Ltd's commitment to mineral exploration in Botswana, a region with substantial copper potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.