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Cobra Resources' present latest strike extension data at Wudinna and transition of power plan at the firm

Cobra Resources' present latest strike extension data at Wudinna and transition of power plan at the firm

Cobra Resources PLC's (LON:COBR) chairman Greg Hancock talks to Proactive London about the latest analysis of the drilling at the Wudinna gold project in South Australia.

The latest results identified a strike extension of mineralisation at the Clarke prospect, hole CBRC009 intersected 31 metres at 3.06 grammes a tonne (g/t) of gold (including 15 metres at 5.2 g/t).

Hancock also addresses the recent resignation of Craig Moulton as managing director who will stay on for six months to oversee a handover period while a new chief executive is appointed.