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West Cobar Metals (ASX:$WC1) completes RC drilling at Nevada lithium project

Update on Nevada Lithium Project


West Cobar Metals Limited (ASX:$WC1) has completed RC drilling at its 100%-owned Montezuma Well and Big Smoky Valley Projects in the Tonopah district, Nevada. The drilling revealed thick intervals of green claystones and clayey tuffaceous sequences at Big Smoky Valley. Samples are being submitted for lithium assay testing. However, drilling difficulties at Montezuma Well resulted in the abandonment of two drillholes within the alluvial cover zone. The company is considering the possibility of returning to test Montezuma Well at depth with a more substantial drill rig.

Executive Commentary


The completion of RC drilling at our Nevada lithium project marks a significant milestone in our exploration activities. The thick intervals of green claystones and clayey tuffaceous sequences encountered at Big Smoky Valley are encouraging, and we are looking forward to the results of the lithium assay testing. While the drilling challenges at Montezuma Well are noted, we remain committed to evaluating the potential of this site and will explore options for further testing. Our focus on rare earth clays underscores our dedication to advancing our mineral exploration projects and contributing to the global supply of critical minerals.

Summary of ASX Announcement


West Cobar Metals (ASX:WC1) has successfully completed RC drilling at its Nevada lithium project, with promising findings of thick intervals of green claystones and clayey tuffaceous sequences at Big Smoky Valley. The company is proceeding with lithium assay testing on the samples obtained. Despite encountering drilling challenges at Montezuma Well, West Cobar Metals remains committed to assessing the site's potential and is considering options for further exploration. The company's emphasis on rare earth clays reflects its dedication to advancing mineral exploration projects and contributing to the global supply of critical minerals. The completion of RC drilling signifies progress in West Cobar Metals' pursuit of its exploration goals and commitment to the development of rare earth resources.

Sourcehttps://announcements.asx.com.au/asxpdf/20231127/pdf/05xtj8dbzqfvdw.pdf

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