By way of market update, and in response to a large and increasing number of queries from shareholders regarding the anticipated timing of the results of its initial drilling program at Horse Well, Cohiba Minerals Ltd. advises that it is expecting to be in a position to announce the results of that drilling program by the end of next week. In relation to the dispute in respect of its interest in the Olympic Domain [...]
Cohiba Minerals Ltd. provide the December 2020 Quarterly Activities Report & Appendix 5B. Highlights for the December 2020 Quarter: - Drillhole HWDD03 was completed to a depth of 1,179.7 m . - Drillhole HWDD04 was completed to a depth of 1,464.7 m . - Drillhole HWDD01 was completed to a depth of 1,182.9 m. - The Company exceeded its $1.5M expenditure milestone to secure 80% ownership of the Olympic Domain tenements and [...]
Cohiba Minerals Ltd. is pleased to announce that, further to its announcement of 10 December 2020, the Company received strong support from eligible shareholders regarding the Company's Share Purchase Plan Offer with total application funds received under the SPP amounting to $9.38 million. Highlights - SPP closes early and heavily oversubscribed with applications received amounting to $9.38 million - Company well funded [...]
Cohiba Minerals Ltd. is pleased to announce that strong interest has been received to date from eligible shareholders regarding the Company's recently announced Share Purchase Plan Offer . Following this strong interest and in order for any potential refunds of oversubscriptions under the SPP that are not accepted by the Board to be processed in time for the holiday period, the Company has decided to close the SPP Offer [...]
Cohiba Minerals Ltd. is pleased to announce it will be providing existing eligible shareholders the opportunity to participate in a capital raising via a Share Purchase Plan targeting $2.0 million before costs with an issue price of $0.017 per share. Shareholders who were registered holders of CHK shares at 7:00pm AEDT on 27 November 2020 and whose registered address is in Australia or New Zealand will be eligible to [...]
Cohiba Minerals Ltd. is pleased to provide an update in relation to the exploration drilling program at its Horse Well project in South Australia . Drill hole HWDD01, the western-most target in the Horse Well project area was completed on November 10 to a depth of 1,182.9m. The core has been logged and will be shipped to Adelaide for further analysis. Drill hole HWDD04 commenced on November 10 and has a target depth of [...]
Cohiba Minerals Ltd. provides below an update in relation to the exploration activities carried out during the September 2020 quarter. Highlights for the September 2020 Quarter - The Heritage Survey for the drilling programs at Pernatty C and Horse Well was completed in conjunction with the Kokatha Aboriginal Corporation and Australian Heritage Services. - The Deputy Executive Director, Mineral Resources SA formally [...]
Cohiba Minerals Ltd. is pleased to announce that it has successfully renewed EL6183, a key tenement in the Horse Well area for another year without any loss of area. The Company has exceeded its minimum annual expenditure requirement and met all of the conditions to ensure full renewal. HWDD03 had just passed the 1,095m mark and continues to show evidence of persistent hematite-quartz-K-feldspar breccia with some possible [...]
Cohiba Minerals Ltd. is pleased to announce that drilling on its first hole at the Horse Well prospect is complete and the second drill hole has passed the 1,000m mark. HWDD02 was completed at 1,013m and the drill core has been sent back to Adelaide for further technical review and assaying. HWDD02 encountered black shales from 684 - 890m which showed evidence of sulphide mineralisation and will be analysed in 1 metre [...]
Cohiba Minerals Ltd. is pleased to announce that it has notified Olympic Domain Pty Ltd that it has exceeded the $1.5 million expenditure requirement to secure an 80% ownership in the Olympic Domain tenements in South Australia. The Company has informed Olympic Domain of the expenditure milestone achievement and is awaiting formal acknowledgement prior to lodging the official documentation with the Department for Energy [...]
Cohiba Minerals Ltd. is pleased to announce that drilling on its first hole at the Horse Well prospect is progressing well and has passed the 400m mark with a change over from RC drilling to diamond drilling. The diamond drilling is progressing at around 60 - 70m per day indicating that the target depth of 1,200m should be achieved in approximately 12 days. The drill pad and sump for the second drill hole, which will be [...]
Cohiba Minerals Ltd. is pleased to announce that it's received binding commitments for a capital raising of $2.29 million . Due to the strong demand for the new Shares from both existing and new shareholders, the company was able to place these direct without any costs. Highlights - Binding commitments received for a capital raising of $2.29m from professional and sophisticated investors - Additional commitments received [...]
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