Cobra Resources PLC (LSE:COBR) (Cobra Resources PLC (LSE:COBR)) chief executive Rupert Verco joins Proactive's Stephen Gunnion with news of a reassessment of historic drill holes at the Thompson and Anderson prospects on its Wudinna project in Australia.
The review demonstrated a much bigger regional potential for rare earth metals than previously estimated, Verco said.
"The shallow nature and the broad intersections ... is really demonstrating that the Wudinna Project is a province-scale rare earth mineral target, which is very exciting," Verco added.