Cobre Limited

Primary Ticker: ASX:CBE
Stage of Development: Exploration
Primary Minerals: Copper
Country / Region: Botswana
Market Cap 40M
Website: Cobre Limited

Cobre Limited is a copper exploration growth company with prospective projects in Botswana and Western Australia.

Cobre Limited owns 100% of Kalahari Metals Limited (KML), a private UK company that controls approximately 5,348 km2 of tenements within the Kalahari Copper Belt (KCB) in Botswana. The KCB is regarded as one of the most prospective areas globally for copper exploration by the US Geological Survey (USGS), with a number of copper-silver deposits currently under development by both Sandfire Resources and Cupric Canyon Capital.

In Western Australia, Cobre has discovered a VHMS deposit enriched in high-grade copper, gold, silver, and zinc within its Perrinvale Project area in the Panhandle Greenstone Belt of Western Australia. High-grade VHMS systems are very rare globally, with the last significant deposit in Australia discovered more than a decade ago by Sandfire Resources (SFR.AX).

 

Management Profile

Adam Wooldridge, CEO

Adam Wooldridge is a founding partner and CEO of KML and has played an active role in developing Cobre’s exploration projects over the last five years. Adam is an experienced geophysicist and geologist with over 25 years’ experience in Africa, the Middle East and Europe, where he has worked in exploration management and consulting positions across a variety of deposit types specialising in large-scale multi-disciplinary target generation. Adam established Xpotential Consulting in 2004 and was a founding partner in airborne survey company, New Resolution Geophysics. More recently he has been involved in project generation in both Africa and SE Europe as a founding partner of both KML and Vardar Minerals.

Adam has a BSc and BSc (Hons) degrees in geology and geophysics, is a professional registered scientist and ASEG member.

 

What are your key goals for the next 3, 6 and 12 months?

3 months:

Diamond drilling at the Ngami Copper Project

 

What do you think makes your company such a compelling investment?

Strategic Global Land Package with district-scale discovery opportunities.