Cobre confirms VMS

COBRE shares surged this morning after a diamond hole drilled just 5m from a previous high-grade hit at the Schwabe prospect returned confirmation of volcanogenic massive sulphides west of Leonora in Western Australia.

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Mineralised core from Schwabe.

It was exactly what Cobre executive chairman Martin Holland told MNN he hoped would happen when the company roared onto the local bourse two weeks ago.