Cobre Limited (ASX:CBE) Commencement of Field Exploration at Perrinvale
Commencement of Field Exploration at PerrinvaleSydney, April 29, 2021 AEST (ABN Newswire) - Cobre Limited ( ASX:CBE) is pleased to announce the commencement of a new field exploration programme on the Company's wholly owned Perrinvale Volcanic Hosted Massive Sulphide (VHMS) Project (Perrinvale or Project) in Western Australia. Highlights: - Potential for increased areas of intermediate to felsic volcanic rocks identified; and - Banded Iron Formation association with conductors and massive sulphide mineralisation to be targeted. Since completing field activities at Perrinvale in late 2020, and while the Company focused on finalising the acquisition of a controlling interest in Kalahari Metals Limited (KML) and the recent capital raise, work continued concurrently on the Perrinvale Project with the completion of an Optimisation Study at the Schwabe Prospect and planning for this next phase of field activities.