Koba Resources Limited (ASX:KOB)

Ben Vallerine
Market Cap (AUD): 9.1M
Sector: Materials
Last Trade (AUD): 0.14 +0 (+0%)
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1. About

Koba Resources Limited (ASX:KOB) is targeting high-grade cobalt, copper and gold projects where cobalt mineralisation is of primary economic importance.

Cobalt is a key battery metal, critical to the global green energy transition. Kobas projects include the Blackpine Cobalt-Copper and Colson Cobalt-Copper Project located in the Idaho Cobalt Belt a premier cobalt district in the stable, Tier 1 jurisdiction of the USA.

Blackpine was most recently explored between 1993 and 1996 when cobalt-rich mineralisation was intersected in drilling. At Colson, sampling of the historical underground workings in the 1970s also saw strong results.

Koba also has the Panther Cobalt-Copper and Elkhorn Cobalt Projects in the Idaho Cobalt Belt and the Goodsprings Copper-Cobalt Project in Nevada.

Koba Resources Limited was demerged from New World Resources Limited (ASX:NWC) in 2022.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk