Australia's Koba eyes best day ever after starting survey for Idaho copper project

Koba Resources

23/05/2022 06:38

** Shares of cobalt explorer Koba Resources Ltd  KOB.AX 
rise as much as 8.1% to A$0.2, post record intraday pct gain 
    ** Koba says it has started induced polarisation survey at
Blackpine cobalt-copper project in Idaho, United States to
generate new targets for upcoming drill programme  urn:newsml:reuters.com:*:nASX95ntKX
    ** Says co will also commence drilling at the Colson
cobalt-copper project in mid-June
    ** Stock down 19.6% this year, as of last close, vs a 4.0%
decline in the benchmark S&P/ASX 200 index  .AXJO 

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))