West Cobar Metals Applies for Two New Exploration Licences in NSW Cobar District
West Cobar Metals (ASX:WC1) has applied for two exploration licences, ELA7009 and ELA7010, covering 573 square kilometres in the Cobar district of New South Wales. This expands the company's tenement and application areas to approximately 1,090 square kilometres. The managing director highlighted the prospectivity for copper, antimony, silver, and gold in the new licence areas, supported by historical geochemistry and geophysical surveys indicating potential mineralisation. Plans for ground surveys and sampling are set for early completion once the tenements are granted.
Theia Market Signal Identification - AI Assisted
West Cobar Metals (ASX:WC1) has submitted applications for two exploration licences, ELA7009 and ELA7010, in the Cobar district of New South Wales, covering a total of 573 square kilometres. This brings the company's total tenement area to around 1,090 square kilometres.
The new licences are considered highly prospective for copper, antimony, silver, and gold, with historical data suggesting significant mineralisation potential, particularly at the Blind Freddie prospect. The company plans ground gravity surveys, geological mapping, and geochemical sampling to identify drill targets once the tenements are granted.
Comments