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West Cobar Metals (ASX: $WC1) commences drilling at Salazar critical minerals project

West Cobar Metals (ASX: $WC1) drilling commencement at Salazar Project


West Cobar Metals Limited (ASX: $WC1) has announced the commencement of drilling at the Salazar Project, located 120 km north-east of Esperance in southern Western Australia. The project aims to test for major extensions of rare earth elements, titanium dioxide, and scandium resources, with previously reported mineral resources at the Newmont and O'Connor deposits.

Executive Commentary on Salazar Project Drilling Commencement


We are excited to commence this aircore drilling campaign in West Cobar's large tenement holding, which is highly prospective and relatively unexplored, and includes numerous geophysical features of interest. In this program, we are primarily testing extensions of the Newmont critical minerals deposit targeting high-grade scandium, titanium, and rare earths with the potential to materially increase the deposit strike length.

Summary of Salazar Project Drilling Commencement


West Cobar Metals (ASX: $WC1) has initiated drilling at the Salazar Project to test for major extensions of rare earth elements, titanium dioxide, and scandium resources. The project area lies in the Biranup Zone, a structural extension from the Fraser Zone that hosts the Nova-Bollinger Ni Cu deposit. The drilling program aims to extend existing mineral resources at the Newmont deposit and along the Newmont - Matilda South zone. The company's Managing Director, Matt Szwedzicki, expressed excitement about the program, highlighting the potential to increase the deposit strike length. The project's tenements cover a particularly prospective but unexplored part of the Albany-Fraser orogen, reflecting the company's commitment to exploring and expanding its critical minerals portfolio.

WEST COBAR METALS LIMITED
WC1 | ASX | Materials
0.0330(+0%)
At close 05/07 (AEDT)
Market cap
$4.0M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.145
1YR Return
N / A

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