Koba Resources Limited (ASX:KOB)

ALERT: Price-sensitive ASX Announcement for KOB

Current share price for KOB : $0.033 -0.003 (-8.33%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

30 Apr 2026 7:03PM

Price at Release

$0.036

Full Release

Summary

Koba Resources Limited's quarterly activities report for the period ending 31 March 2026 highlights significant advancements in their Queensland Tin-Tungsten Projects and the Yarramba Uranium Project in South Australia. The company is preparing for its maiden drilling program at the Stannary Hills and Mt Garnet Tin-Tungsten Projects, having completed necessary permitting and sampling with high-grade tin assay results. The Yarramba Uranium Project saw a 23-hole drilling program focusing on high-grade uranium mineralization, with results pending. Financially, the company reported a cash balance of $3.75 million at the end of the quarter, with exploration and evaluation expenditures primarily focused on their major projects.

Key Points

Koba Resources prepared for maiden drilling at Stannary Hills and Mt Garnet Tin-Tungsten Projects.
High-grade tin assays from rock chip sampling in Queensland projects.
23-hole drilling program completed at Yarramba Uranium Project, South Australia.
Cash balance at end of quarter: $3.75 million.
Total exploration and evaluation expenditure for the quarter: $403k.
Advancements in permitting and approval processes for drilling activities.
Field programs focused on refining and prioritizing drill targets.
LIDAR survey completed over key prospects.
Corporate structure includes 285,671,584 ordinary shares and listed investments valued at A$380k.

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.