West Cobar Metals Completes Salazar project acquisition
- West Cobar Metals (WC1) formally completes its acquisition of the Salazar rare earths elements (REE) clay project, 120 kilometres northeast of Esperance in WA
- With more than eight years of exploration and studies conducted in the area to date, the project is considered to be one of the most advanced clay rare earth assets in Australia
- The company has commenced discussions with drilling contractors and intends to commence aircore drilling as soon as possible
- Further, it is in the process of resuming research and development to further advance beneficiation, REE recovery and various extraction methods
- Shares in West Cobar close grey at 18 cents per share
