Ann: Additional Intersection Indicates more than 4km of Cu-Comet, page-2

Cobre Limited (ASX: CBE, Cobre or Company) is pleased to announce the details of the second
completed exploration hole for the 2024 programme on its wholly owned Ngami Copper Project (NCP)
in the Botswana Kalahari Copper Belt (KCB). Drill hole NCP56 is located 2km along strike from NCP55
(see ASX announcement 4 December 2024), both of which were designed to test a new portion of
contact located approximately 7.5km along strike from the Comet Target.
• NCP56 has intersected widespread disseminated fracture and cleavage hosted chalcocite
mineralisation from 159 to 192m downhole varying from an estimated 0.1% chalcocite to 4%
chalcocite across the section1
;
• The values indicate that the anomalous copper mineralisation intersected in NCP42 (15m @
0.5% Cu & 13g/t Ag from 142.5 to 157.5m downhole, see ASX announcement 16 May 2023)
may extend for more than 4km through NCP55 and NCP56 indicating there may be potential
for a sizeable new target (Cosmos).
The values, which are based on visual estimates supported by pXRF measurements, indicates the
potential for significant additional mineralisation at NCP building on the previously announced
exploration target estimated at between 103 and 166Mt @ 0.38 to 0.46% Cu2
(see ASX Announcement
30 August 2023).