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Star Minerals Secures Approval and Plans Drilling at Namibia’s Cobra Uranium Project
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Star Minerals Secures Approval and Plans Drilling at Namibia’s Cobra Uranium Project
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Shareholder approval obtained for Cobra Uranium Project earn-in agreement
Foreign estimate indicates 15.6Mt at 260ppm U3O8 for 9 million pounds of uranium
Maiden drilling campaign planned to confirm and expand resource estimates
Rights issue raised $444,000 with partial shortfall placement raising $190,000
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