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West Cobar Metals: Resumes drilling at Salazar, WA

West Cobar Metals Resumes drilling at Salazar, WA

  • West Cobar Metals (WC1) resumes drilling at its Salazar rare earth element project in the Esperance-region of Western Australia
  • Boots are back on ground following a break for Christmas with 2,781 metres of aircore drilling complete out of a planned 9000 metres
  • Drilling is aimed at extending the existing inferred resource at Newmont, as well as exploring the southern part of the tenement and the O’Connor licence area
  • Once drilling is complete, WC1 plans to use the results, combined with historical data, to produce an updated mineral resource estimate for the Newmont deposit
  • Shares in WC1 are down 2.94 per cent trading at 16.5 cents at 3:00 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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