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Koba Resources Limited (ASX:KOB)

ALERT: Price-sensitive ASX Announcement for KOB
Current share price for KOB : $0.044 0.015 (51.72%)+
Announcement
Release
23 Jul 2026 8:24AM
Price at Release
$0.029
Full Release
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Summary
Koba Resources Limited has completed its initial tungsten-focused field program at the Mt Garnet Tin-Tungsten Project in Queensland, Australia. The program included 44 rock chip samples, which returned extremely high-grade tungsten assays of up to 13.2% tungsten across six key prospects: Gows, Starlight, Mountain Maid, Crest, Ahmets, and Tungsten Knob. The company plans to commence a systematic follow-up program in August, including soil sampling, mapping, and further rock-chip sampling to prioritize targets for drilling. Meanwhile, Koba's maiden drilling program at the Stannex and Gilmore Prospects has seen significant progress, with 2,267 meters drilled.
Key Points
  • Koba Resources Limited conducted its first tungsten-focused sampling program at the Mt Garnet Tin-Tungsten Project.
  • Extremely high-grade tungsten assays were reported, with samples showing up to 13.2% tungsten.
  • Six priority prospects were identified with high tungsten grades: Gows, Starlight, Mountain Maid, Crest, Ahmets, and Tungsten Knob.
  • The sampling program included 44 rock chip samples across these prospects.
  • Plans for a systematic follow-up program involving soil sampling, mapping, and additional rock-chip sampling starting in August.
  • Koba's maiden drilling program at Stannex and Gilmore Prospects is progressing, with 2,267 meters drilled so far.
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.