Cobra Resources Plc (LSE:COBR) (Cobra Resources Plc (LSE:COBR)) Rupert Verco talks to Proactive London's Katie Pilbeam after defining three priority targets for exploration drilling at the Wudinna gold project in South Australia after a ground gravity survey over the three iron oxide copper gold (IOCG) targets confirmed gravity anomalies.
He says these targets are 'very exciting' for Cobra, to discover a tier-one IOCG deposit within South Australia's world-class Gawler Craton which is home to some of the country's largest IOCG discoveries.
The target depths are relatively shallow, ranging between 80 and 100 metres, providing economic benefits in terms of exploration costs and any possible future development.