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West Cobar Metals Ltd. ( (AU:WC1) ) has provided an update.
West Cobar Metals Limited has completed a Reverse Circulation drilling program at the Fraser Range Project in Western Australia, targeting base and precious metals. The project, which includes exploration licenses and mineral rights, aims to explore magnetic, gravity, and electromagnetic targets similar to those found in notable deposits in Queensland and New South Wales. The assay results are anticipated in early August, and MinRex Resources Limited has a three-month window post-results to decide on acquiring a 50% stake in the project.
More about West Cobar Metals Ltd.
Average Trading Volume: 1,551,474
Technical Sentiment Signal: Sell
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