Announcement Date: 2023-05-29
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: West Cobar Metals Ltd.
Project name: Salazar
Location: Australia
Commodities: Rare Earth
Highlight: Drilling results incl. 34m at 2337ppm RE from 7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: West Cobar Metals Limited (ASX:WC1) (“West Cobar”, “the Company”) is pleased to report that all assay results from its phase one drilling program at the Salazar Clay Rare Earth Element (REE) Project, 150km NE of the town of Esperance in Western Australia (Figure 1) have now been received . The phase one air core program of 283 holes for a total of 9342m was designed to extend and infill the existing Inferred Mineral Resource1 of 43.5Mt at 1192ppm total rare earths oxide (TREO)2 at the Newmont deposit as well as explore E63/1496 to the south of the Newmont deposit and part of the O’Connor prospect licence area (E63/1469).
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