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West Cobar Metals Ltd. ( (AU:WC1) ) just unveiled an update.
West Cobar Metals has confirmed that antimony grades at its Bulla Park copper‑antimony‑silver deposit are higher than previously reported, after re‑assaying core from drill holes BPD08 and BPD09 using a peroxide fusion method. The company found that the older four‑acid digest method had underestimated antimony concentrations, and plans to incorporate the higher grades in future resource estimates.
Bulla Park currently hosts an inferred mineral resource of 20 million tonnes at 0.58% copper equivalent containing 60,000 tonnes of copper, 20,000 tonnes of antimony and 3 million ounces of silver, with mineralisation remaining open along strike and down dip. West Cobar also outlined a conceptual exploration target of 30 to 50 million tonnes beyond the current resource, and is planning about 5,000 metres of drilling from 2026 to test this potential and possibly expand the resource base.
The most recent analyst rating on (AU:WC1) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on West Cobar Metals Ltd. stock, see the AU:WC1 Stock Forecast page.
More about West Cobar Metals Ltd.
West Cobar Metals Ltd. is an Australian exploration company focused on copper, antimony and silver assets, with its flagship Bulla Park project located west of the Cobar mining hub in central New South Wales. The company targets polymetallic mineralisation and benefits from established regional infrastructure while advancing resource growth and project economics.
Average Trading Volume: 3,572,930
Technical Sentiment Signal: Sell
For an in-depth examination of WC1 stock, go to TipRanks’ Overview page.