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Koba Resources Limited (ASX:KOB)

ALERT: Price-sensitive ASX Announcement for KOB
Current share price for KOB : $0.036 0.009 (33.33%)+
Announcement
Release
1 Jul 2026 8:29AM
Price at Release
$0.027
Full Release
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Summary
Koba Resources Limited announced the successful completion of an Induced Polarisation (IP) survey at the Stannex Prospect, part of its Mt Garnet Tin-Tungsten Project in North Queensland. The survey identified strong chargeability anomalies, which correlate well with high-grade rock chip samples and tin-in-soil geochemical anomalies. These results increase confidence in the Stannex drill targets, prioritized for Koba's upcoming maiden 3,000m drill program. The IP survey has highlighted the scale potential of the mineralized system, reinforcing the high-priority nature of these targets.
Key Points
  • Strong IP anomalies correlate with high-grade rock chip samples.
  • IP results show strong lateral continuity and depth extent.
  • Increased confidence in the Stannex drill targets.
  • Upcoming 3,000m drill program at Stannex and Gilmore Prospects.
  • IP survey validated as a valuable exploration tool.
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.