Ann: Exploration Update, page-3

Highlights: • High grade rock chip assays up to 26.4% for copper, up to 0.21% cobalt and 3.15g/t gold returned from the lab which all confirm the high grade nature of the project from previous portable XRF analyses

• Exploration results and resource to date support the potential for an emerging copper, cobalt and gold project.

• Drilling works planned, targeting delineation of near term mine resource subject to obtaining approvals.

• Further potential for the discovery of satellite high-grade copper, cobalt and gold deposits in the project area.
Cohiba Minerals Limited (ASX: CHK) (“Cohiba” or “Company”) is pleased to announce that laboratory assays have confirmed high grade rock chip mineralisation of up to 26.4% for copper, up to 0.21% cobalt and 3.15g/t gold at the Wee Macgregor Copper cobalt gold Project located in Mount Isa, Queensland, a premier base metals province.