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An announcement from West Cobar Metals Ltd. ( (AU:WC1) ) is now available.
West Cobar Metals Ltd. has announced the results of its recent air core drilling program at the Mystique Project, revealing significant gold mineralization at the Themis South and Torquata Gold Prospects. The drilling, which included 66 holes, found anomalous gold values in 28 holes, with notable grades of up to 2.05g/t Au. The findings suggest a strong potential for a major gold deposit, particularly related to NW-SE trending structures, and the company plans to reassess historical data to guide future exploration efforts.
More about West Cobar Metals Ltd.
West Cobar Metals Ltd. is a mining company focused on exploring and developing mineral resources, particularly gold, in Australia. The company operates the Mystique Project, which is located 240 km east of Kalgoorlie, and is dedicated to identifying and extracting valuable mineral deposits.
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Technical Sentiment Signal: Sell
See more data about WC1 stock on TipRanks’ Stock Analysis page.