
August 28, 2025
Cobre (ASX:CBE) is advancing copper-silver exploration in Botswana’s Kalahari Copper Belt, one of the world’s most prospective yet underexplored sediment-hosted copper provinces. Holding a 5,348 sq km land position, its near-term focus is the Ngami Copper Project (NCP), where a maiden JORC resource at the Comet deposit establishes an initial copper-silver resource with strong in-situ copper recovery (ISCR) development potential.
Cobre’s growth strategy balances district-scale discovery with development-ready assets. Backed by up to AU$40 million (US$25 million) in BHP funding, the company is accelerating exploration at Kitlanya while directing its own capital toward advancing the Ngami Copper Project through technical, environmental and permitting milestones.
In parallel, Cobre maintains strategic exposure to high-purity quartz and volcanogenic massive sulphide (VMS) opportunities in Western Australia. This diversified, capital-light approach is designed to drive shareholder value through discovery, de-risking and development optionality.
Company Highlights
- Dominant land position – ~5,348 sq km across Botswana’s Kalahari Copper Belt (KCB), the second largest tenement package in the districtInvestor
- Maiden JORC Mineral Resource – Comet deposit (Ngami copper project): 11.5 Mt @ 0.52 percent copper and 11.6 grams per ton (g/t) silver (60.3 kt copper; 4.3 Moz silver), incl. 1.1 Mt indicated @ 0.59 percent copper and 12.8 g/t silver
- BHP partnership – Eight-year earn-in across Kitlanya East & West, allowing BHP to earn 75 percent by providing up to US$25 million for exploration expenditure, while Cobre retains exposure
- BHP Xplor cohort – Selected in 2024, securing US$500,000 non-dilutive funding and technical support
- Multi-jurisdiction exploration portfolio – Botswana (copper-silver), Western Australia (VMS, high-purity quartz)
This Cobre Limited profile is part of a paid investor education campaign.*
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Unlocking Copper and Critical Minerals for a Low-carbon Future
28 September
Cobre Produces Maiden Copper Cathode
Cobre Limited (CBE:AU) has announced Cobre Produces Maiden Copper CathodeDownload the PDF here. Keep Reading...
01 September
Sinomine and Cobre Execute Investment Agreement in Botswana
Cobre Limited (CBE:AU) has announced Sinomine and Cobre Execute Investment Agreement in BotswanaDownload the PDF here. Keep Reading...
03 August
Maiden MRE Comet & Major Increase to NCP Exploration Target
Cobre Limited (CBE:AU) has announced Maiden MRE Comet & Major Increase to NCP Exploration TargetDownload the PDF here. Keep Reading...
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Security Class Suspension from Quotation
Cobre Limited (CBE:AU) has announced Security Class Suspension from QuotationDownload the PDF here. Keep Reading...
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Quarterly Activities/Appendix 5B Cash Flow Report
Cobre Limited (CBE:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
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