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Cobre: Receives further high-grade VHMS results from Schwabe

  • Cobre (CBE) has received further high-grade volcanic-hosted massive sulphide (VHMS) results from the Schwabe prospect
  • The Schwabe prospect is part of the Perrinvale VHMS Project which is located in WA
  • Schwabe returned high-grade intercepts of copper, zinc, cobalt, lead, gold and silver
  • Cobre also intersected mineralisation at various other prospects within the Perrinvale Project
  • Final assay results are expected in the next two weeks and down-hole electromagnetic surveys are now underway
  • Company shares have dropped a slight 2.56 per cent to trade for 19 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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