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West Cobar Metals Ltd. ( (AU:WC1) ) has provided an announcement.
West Cobar Metals Limited has initiated reverse circulation drilling at the Fraser Range Project in Western Australia, targeting copper-gold deposits. The project involves drilling eight holes to test five priority targets in the Biranup Zone, with the program expected to last 3-4 weeks. This effort is fully funded by MinRex Resources Limited, which aims to acquire a 50% interest in the project, potentially enhancing its stake in the lucrative copper-gold sector.
More about West Cobar Metals Ltd.
Average Trading Volume: 1,225,179
Technical Sentiment Signal: Sell
Learn more about WC1 stock on TipRanks’ Stock Analysis page.