Cobre Limited has announced it has intersected a broad zone of copper mineralisation over a 59 metre interval at its Ngami Copper Project in the Kalahari Copper Belt in Botswana.
The company?s shares have more than doubled following the announcement.
?Cobre has never been in a better position from a project ownership, technical and operational perspective and now we have a promising copper intersection, on one of the most prospective copper belts in the world,? said Cobre Executive Chairman and Managing Director Martin Holland.