Image: Koba Resources Ltd
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Koba Resources (ASX:KOB) has this week identified the Kitchener trend as a high-priority target in an upcoming maiden drill program at the Stannary Hills project in Queensland, after initial sampling confirmed a widespread high-grade, outcropping of tin mineralisation assaying up to 13.5%.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Notably, the Queensland discovery is coincident with the most productive tin mines on the historic Stannary Hills project, Koba has reported.

Located around 100km southwest of Cairns, Stannary Hills covers 79 square kilometres and includes more than 100 historical tin mines that operated between the 1880s and the 1980s.

The promising outcomes at Kitchener are part of a program to identify drill targets at Stannary Hills ahead of drilling targeted to begin in late-Q1CY26.

Koba’s managing director, Ben Vallerine, said the program has been successful in uncovering very high-grade tin assays at multiple prospects. “At the Kitchener and Jiminy prospects, widespread high-grade tin mineralisation at surface, is supported by strong historical production,” he declared.

“At Jiminy, a large, untested tin-in-soil anomaly extending over 1.5km, coincident with high-grade rock chip samples, presents numerous compelling drill targets.”

Mr Vallerine continued: “With drilling prep well advanced at both prospects, the company is well positioned to commence drilling in late-Q1CY26, positioning itself to unlock the significant potential of the Stannary Hills project.”

The company collected 51 samples across four high-priority prospects at Stannary Hills. Highlight results included 26.1% tin at the Jiminy prospect; 13.5% tin at the Kitchener trend, and 12.4% tin at Lass O’Gowrie.

The company is now awaiting results from extensive soil sampling at Kitchener, conducted subsequent to rock chip program, with results expected February.

Company representatives have also already instigated discussions with a local drilling contractor in early planning for the program.

KOB shares have been 5.1c through to arvo trade.

Join the discussion: See what HotCopper users are saying about Koba Resources Ltd and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

KOB by the numbers
More From The Market Online
Ocean waves AI gen

This stock just hit +100% 1Y returns – and it doesn’t do AI, biotech, or mine anything

Vysarn (ASX:VYS) was approaching the cusp of posting +100% 1Y returns intraday Wednesday with the stock price hitting a

Noronex kicks off initial Etango North uranium drilling in milestone for company and host country

Noronex Limited has achieved a milestone with drilling underway at the Etango North uranium project in…
The ASX Today feature image with a yellow turtle (FLAT) silhouette beside The Market Link column branding.

The ASX Today: XJO fairly resilient against 3.8% inflation scare; US Fed decision tonight a Wall Street risk

We got the latest CPI inflation read for Australia today, and it came in hotter than expected at 3.8% in the 12mth to...

Perfect fit: Metals Australia buoyed by Quebec’s new critical minerals strategy

Metals Australia is making good progress with its Canadian graphite project as Quebec updates its critical…