Cobre Limited has released an update on its infill resource drilling at the Comet Target on its wholly owned Ngami Copper Project in Botswana’s Kalahari Copper Belt. The latest assay results from 10 diamond drill holes, totaling 3,420 meters, have delineated a new broad zone of copper-silver mineralisation in the central part of the Comet Target. Highlights include an 18.73‑meter intersection in hole NCP63 grading 0.53% copper with 11 g/t silver – including a higher-grade sub‐interval of 3.14 meters grading 1.0% copper and 20 g/t silver – and a 16.33‑meter intersection from hole NCP64 showing 0.52% copper with 14 g/t silver. This newly defined zone lies approximately one kilometer along strike from an earlier identified high-grade zone. The company’s drilling efforts, which now extend over roughly 2.5 kilometers of the 4-kilometer target, complement previous discoveries and set the stage for a more detailed Mineral Resource Estimate (MRE). Cobre Limited has contracted Australian-based WSP to complete the MRE, a process that will incorporate data from a total of 32 diamond drill holes. Pending assays from the remaining two holes in the infill program are expected in the coming weeks, and their results will further inform the lateral extent and overall resource modelling efforts. The announcement also delves into the technical aspects of the project, outlining the geological setting and style of mineralisation. The copper-silver mineralisation is sedimentary-hosted and structurally controlled along the redox contact between formations, with fine-grained chalcocite dominating the results. This mineralisation is particularly amenable to acid leaching and fits key criteria for the proposed In-Situ Copper Recovery process. Cobre Limited is aiming to prove up a process similar to that applied at comparable deposits, which highlights the project’s potential scale. From a market sentiment perspective, the news carries a bullish tone. The consistent infill drill results and expansion of the mineralised zone provide positive technical validation, while the hiring of a leading consultancy for the MRE reinforces confidence in advancing the project. On the bearish side, the reliance on pending assay results and the inherent uncertainties in resource estimation mean that further data is needed before the full economic potential is established. Traders might view the technical progress optimistically but should remain cautious until final resource estimates and metallurgical test outcomes are available.