Cobra Resources PLC Appointment of Director (0877Y)
02 September 2022 - 9:50AM
UK Regulatory
TIDMCOBR
RNS Number : 0877Y
Cobra Resources PLC
02 September 2022
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2 September 2022
Cobra Resources plc
("Cobra" or the "Company")
Appointment of Director
Cobra, a gold, rare earth and IOCG exploration company focused
on the Wudinna Project in South Australia, is pleased to announce
the appointment of Rupert Verco, who has been Chief Executive
Officer (CEO) of Cobra since 12 July 2021, as a director of the
Company with immediate effect.
Rupert is a mining specialist with over 15 years' experience in
Australia and internationally. His areas of focus include resource
definition, reserve optimisation, mine planning, and mine
operation. Rupert has managed operations through all phases of the
mining cycle. He is a fellow of the Australasian Institute of
Mining and Metallurgy and holds a First Class Honours in
Geology.
As CEO of Cobra, Rupert has overseen a transformational period
incorporating numerous field programmes which have placed the
Company in a position to define a potentially extensive, regionally
scalable clay-hosted rare earth resource above and proximal to gold
resources, while identifying significant gold mineralisation
outside of current Mineral Resource Estimates.
Under Rupert's leadership, Cobra has expanded its land holding
in the Gawler Craton to 3,261 km(2) , establishing the Company as a
major player in the tier 1 mining jurisdiction of South Australia,
and published an inaugural Sustainability Plan, reflecting the
Board's commitment to developing an industry-leading approach to
Environmental, Social and Governance (ESG).
There is no further information in respect of the appointment of
Rupert Tolmer Verco (aged 36) which would require disclosure under
Listing Rule 9.6.13 R (1) - (6).
Greg Hancock, Chairman of Cobra, commented :
"Rupert's contribution since joining as CEO has been both
impressive and integral to positioning Cobra to define a unique
multi-mineral resource in South Australia. As we expand our
operations and aim to progress in time from exploration to mine
development, we look forward to continuing to benefit from Rupert's
experience both as CEO and now as a member of the Board of
Directors."
Enquiries:
Cobra Resources plc via Vigo Consulting
Rupert Verco (Australia) +44 (0)20 7390 0234
Dan Maling (UK)
SI Capital Limited (Joint Broker)
Nick Emerson
Sam Lomanto +44 (0)1483 413 500
Peterhouse Capital Limited (Joint
Broker)
Duncan Vasey
Lucy Williams +44 (0)20 7469 0932
Vigo Consulting (Financial Public
Relations)
Ben Simons
Charlie Neish
Kendall Hill +44 (0)20 7390 0234
About Cobra
Cobra is defining a unique multi-mineral resource at the Wudinna
Project in South Australia's Gawler Craton, a tier one mining and
exploration jurisdiction which hosts several world class mines.
Cobra's Wudinna tenements, totalling 3,261 km(2) , contain
extensive orogenic gold mineralisation and are characterised by
potentially open-pitable, high-grade gold intersections, with ready
access to infrastructure. Cobra has 22 orogenic gold targets
outside of a current 211,000 Oz JORC Mineral Resource Estimate. In
2021, Cobra discovered rare earth mineralisation proximal to and
above gold mineralisation. The grades, style of mineralogy and
intersect widths are highly desirable while the mineralisation has
been demonstrated to be regionally scalable. The Company is also
advancing a pipeline of IOCG targets.
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LinkedIn: https://www.linkedin.com/company/cobraresourcesplc
Twitter: https://twitter.com/Cobra_Resources
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