Cobre's Diamond Drilling Programme Results

Cobre Limited (ASX: $CBE) has announced the findings from a 1,920m diamond drilling programme at its Okavango Copper Project (OCP) in Botswana. The programme revealed anomalous copper-silver mineralisation in 3 out of 6 drill holes, indicating the potential for high-grade discoveries within the OCP tenement area. The strategic location of OCP, adjacent to MMG's recent US$1.9B Khoemacau Copper mine, adds significant value to the project.

Executive Commentary on Anomalous Copper Targets

Adam Wooldridge, Cobre's Chief Executive Officer, expressed his optimism, stating, 'Intersecting anomalous copper mineralisation at OCP highlights the prospectivity of this large-scale underexplored project on the doorstep of MMG's production hub. Drilling, along with ground gravity results, has provided a clear vector for follow-up targeting of high-grade deposits.'

Summary of Diamond Drilling Programme Results

The diamond drilling programme at Okavango Copper Project has identified anomalous copper-silver mineralisation, demonstrating the potential for new deposit discoveries. The project's proximity to MMG's production hub and the successful drill testing have significantly increased the project's value. The findings provide a clear vector for follow-up targeting of high-grade deposits, indicating a promising outlook for Cobre's exploration efforts in Botswana.