COBR Cobra Resources Plc

3 December 2024

Cobra Resources plc

("Cobra" or the "Company")

Notice of Investor Webinar

&

Updated Presentation

Cobra (LSE: COBR), the mineral exploration and development company advancing a potentially world-class ionic Rare Earth Element discovery at its Boland Project in South Australia, will host a live webinar today at 11 a.m. GMT to discuss advancing the Boland rare earth project towards commercialisation.

Having completed a second bench scale ISR study demonstrating exceptional permeability, Boland is positioned for even higher recoveries at even lower costs. The Company's Managing Director, Rupert Verco, will discuss the significance of the unique geology at Boland that is an enabler for in situ recovery, as well as next steps for the project.

Investors and interested parties are invited to register via the link below and submit questions during the live webinar. Follow the directions on Cobra's investor hub to register:

https://investors.cobraplc.com/webinars/15-advancing-boland-rare-earth-project-towards-commercialisation.   

A recording of the webinar will be made available on the Cobra website after the event. A copy of the latest investor presentation being used, including further details on planned resource drilling aimed at delivering a significant resource, is also now available on Cobra's website at: https://investors.cobraplc.com/activity-updates.

No material new financial or other information will be provided.

Enquiries:

About Cobra

In 2023, Cobra discovered a rare earth deposit with the potential to re-define the cost of rare earth production. The highly scalable Boland ionic rare earth discovery at Cobra's Wudinna Project in South Australia's Gawler Craton is Australia's only rare earth project amenable for in situ recovery ("ISR") mining - a low cost, low disturbance method. Cobra is focused on de-risking the investment value of the discovery by proving ISR as the preferred mining method which would eliminate challenges associated with processing clays and provide Cobra with the opportunity to define a low-cost pathway to production.

Cobra's Wudinna tenements also contain extensive orogenic gold mineralisation, including a 279,000 Oz gold JORC Mineral Resource Estimate, characterised by low levels of over-burden, amenable to open pit mining.

Regional map showing Cobra's tenements in the heart of the Gawler Craton

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