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West Cobar Metals (ASX: $WC1) progresses critical minerals and copper exploration

Latest activities and projects update from West Cobar Metals (ASX: $WC1)


West Cobar Metals Limited (ASX: $WC1) is pleased to provide an update on its current activities at the Salazar Critical Minerals Project in WA and copper exploration in NSW. The company is eagerly awaiting assay results from the recent aircore drilling campaign at the Salazar Project, designed to test for major extensions to the Newmont deposit. In addition, the company is making significant progress in its copper exploration activities in New South Wales, with independent reviews and extensive technical data reviews underway.

Executive commentary on recent activities and future outlook


The technical work on the Salazar Critical Minerals Project is progressing well, and we are looking forward to receiving the assay results from the recent aircore drilling campaign. These results will be crucial in updating our existing Mineral Resource Estimates and exploration targets. Additionally, the flowsheet validation work at Nagrom is a significant step towards validating the flowsheet and generating TiO2, REE, and scandium products. In New South Wales, the independent review by Resource Potentials Pty Ltd is nearing completion, and we are optimistic about the potential high-grade copper zones within the known mineralisation area. We are also excited about the greenfield exploration in WA, where we have identified several targets related to potential IOCG and carbonatite related mineralization. Our objective is to fast track these targets through the approvals process to drilling, and we are looking forward to the initial assessment release in the coming weeks.

Summary of recent activities and future plans


West Cobar Metals (ASX: $WC1) has made significant progress in its critical minerals and copper exploration projects. The company is eagerly awaiting assay results from the recent aircore drilling campaign at the Salazar Project, which will be crucial in updating the existing Mineral Resource Estimates and exploration targets. The flowsheet validation work at Nagrom is also underway, aiming to validate the flowsheet and generate TiO2, REE, and scandium products. In New South Wales, the independent review by Resource Potentials Pty Ltd is expected to provide insights into potential high-grade copper zones, with updates anticipated in the coming weeks. The company's greenfield exploration in WA has identified several targets related to potential IOCG and carbonatite related mineralization, with plans to fast track these targets through the approvals process to drilling. West Cobar Metals remains focused on advancing its projects and looks forward to the upcoming developments in its exploration activities.

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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