West Cobar Metals secures government support

West Cobar Metals (ASX:WC1) has successfully secured government co-funding under the Exploration Incentive Scheme for its Fraser Range Project in Western Australia. This funding supports drill program costs up to $156,000 from December 2024 to November 2025. The project focuses on exploring copper and gold targets in the Biranup Zone.

Overview of West Cobar's exploration strategy

West Cobar Metals' successful application for EIS funding highlights its strategic focus on the Fraser Range Project, targeting significant copper and gold deposits. The project is set in the Biranup Zone, a structural extension of a known mineral-rich area. This government support will enable the company to fast-track exploration, commencing approvals and heritage surveys. With four key targets identified for drilling, West Cobar is positioned to explore the potential for various deposit types. The company, also engaged in other critical mineral projects, aims to leverage these incentives to advance its exploration objectives and contribute to mineral resource development in Western Australia.

Executive insights on Fraser Range Project

The EIS funding is a significant boost for our Fraser Range Project, allowing us to accelerate exploration activities in this promising region. We are eager to begin the necessary approvals and heritage surveys to advance our drilling plans.