Australia and Botswana-focused copper explorer Cobre Limited has discovered a high-grade Volcanic Massive Sulphide (VMS) deposit enriched in copper, gold, silver and zinc within its Perrinvale Project area in Western Australia. VMS deposits are rare globally, and the last one in Australia was discovered over a decade ago. Cobre is a pure-play copper explorer and operates in two Tier-1 mining jurisdictions.