Commodities
Cobra Resources Confirms Porphyry Source at Manna Hill Copper Project in Australia
Cobra Resources (COBR.L) said Thursday that results from the diamond drilling program at the Blue Rose discovery within its Manna Hill copper project in South Australia confirmed porphyry indicators.The results returned solid copper-gold intersections, molybdenum mineralization, and hydrothermal breccias, which Cobra said are typical of the upper parts of a porphyry system. Mineralization was also extended to depths beyond 300 meters.The mineral exploration and development company added that it initiated slimline reverse circulation drilling across multiple targets, with the program to continue over the next six weeks.
$COBR.L
