Cobre Ltd.

Cobre Ltd. announced that its wholly owned Chilean subsidiary, Sierra Cobre SpA , has executed definitive transaction agreements with Minera Salar Blanco SpA and related entities, securing a clear staged acquisition pathway to majority ownership and operational control of the Sierra Atacama Copper Project in the Antofagasta region of northern Chile with a call option to acquire the balance of MSB's remaining shares at an [...]

Cobre Ltd. is pleased to advise that it has entered into a binding and exclusive agreement with Chilean-based Minera Salar Blanco to acquire up to a 51% interest in the Sierra Atacama Copper Project in the Antofagasta region of northern Chile. The Project includes an operating underground mine which is currently producing approximately 400t of copper cathode / month via heap leach, solvent extraction and electrowinning [...]

Cobre Ltd. is pleased to announce that CBE, and certain wholly owned subsidiaries , have executed an Earn-In Agreement with a wholly owned subsidiary of BHP Group Ltd. under which BHP will provide up to US$25 million for exploration expenditure for Cobre's Kitlanya East and Kitlanya West Copper Projects and be granted the right to earn a 75% interest in the Kitlanya Projects, located on the northern and southern basin [...]

Cobre Ltd. is pleased to announce a High Purity Quartz Exploration Target at the Company's wholly owned Perrinvale Project in Western Australia . Highlights: - Multiple Quartz Units identified and sampled across the Perrinvale Project supporting a significant estimated Exploration Target of 5.1 Mt to 28.3 Mt at a pre-beneficiation SiO2 grade of 99.1% to 99.6%; - Quartz units display pegmatitic textures and lacking any [...]

Cobre Ltd. is pleased to announce that it has executed a letter of intent to negotiate exclusively with a wholly owned subsidiary of BHP Group Ltd. for a material earn-in joint venture agreement over Cobre's Kitlanya West and East Copper Projects , located on the northern and southern basin margins of the Kalahari Copper Belt in Botswana . The Proposed Transaction follows on from Cobre's successful participation in the [...]

Cobre Ltd. is pleased to announce that the Company has received firm commitments from institutional, sophisticated and professional investors for the placement of approximately 76.9 million new fully paid ordinary shares at an issue price of $5.2c per New Share to raise gross proceeds of A$4.0 million . The Placement comprises two tranches: - Tranche 1 to raise A$2.3 million via the issue of 43.7 million New Shares [...]

Cobre Ltd. is pleased to provide a summary of activities for the Quarter ended 31 December 2023 , at its copper projects located in Botswana and Western Australia. Corporate: - Following the quarter's end, Cobre has been selected to participate in the BHP Xplor 2024 Program, a 6-month, accelerator program for early stage explorers looking to fasttrack and de-risk their geological concepts and increase their investment [...]

Cobre Ltd. is pleased to announce initial results from the recently completed Airborne Gravity Gradient Survey undertaken collaboratively with Sandfire Resources Ltd. over several of Cobre's priority project areas in the Kalahari Copper Belt, Botswana. Results of the survey have significantly enhanced and aided exploration targeting with modelling demonstrating: - Key features associated with sedimentary copper deposits [...]

Cobre Ltd. is pleased to advise that, following a rigorous and thorough selection process, it has been selected to participate in the 2024 BHP Xplor Program, which will assist in its advancement of exploration plans on its Kalahari Copper Belt projects, Botswana. Highlights: - Cobre has been selected to participate in the 2024 BHP Xplor cohort; - BHP will provide Cobre with US$500,000 in non-dilutive funding to support [...]

Cobre Ltd. is pleased to announce results from the recently completed Aircore , Reverse Circulation and soil sampling programmes on the Kitlanya West Project in the Kalahari Copper Belt , Botswana. The ca. 12,000m drill programme was designed to test for anomalous copper at the bedrock contact below cover as well as determining underlying lithology, stratigraphy and cover thickness across the extensive project area, key [...]