Cobre continues to move forward with Kalahari: drilling now started

Cobre’s Martin Holland provides Proactive’s Elisha Newell with an operational update covering the appointment of Adam Wooldridge as CEO of Kalahari Metals Ltd, which ties in nicely with the company’s pending acquisition of the remaining 49% interest in KML. The appointment gives Cobre operational in-country experience. The Cobre managing director also discusses the review of the company’s board and fee structure, which will see executive fees reduced to ensure the company has sufficient capital available to accelerate its new exploration program and maximise shareholder value. Finally, Holland highlights the fully funded drilling now underway at Kalahari’s Ngami Copper Project which comprises four diamond holes, planned to test for extensions to encouraging Copper (Cu)-Silver (Ag) mineralisation previously intersected at two separate historical drill targets.

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