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West Cobar Metals completes acquisition of Mystique Gold Project

Published by , Editorial Assistant
Global Mining Review,


West Cobar Metals Ltd. has completed the acquisition of an exploration licence E28/2513 in the Fraser Range Province of Western Australia, highly prospective for orogenic gold deposits.

Exploration licence E28/2513, known as the Mystique Project, covers 35 km2 within the Albany-Fraser Province and is located approximately 225 km SSE of Kalgoorlie.

While exploring the adjoining tenements the IGO Limited / Rumble Resources Ltd. joint venture encountered outstanding gold intercepts in saprolite and bedrock, in particular at the Themis prospect, just north of the E28/2513 tenement boundary. The Mystique Project remains relatively unexplored as most of the area is covered by 30 m or more of transported Eocene sediments and there is little surface expression of geology or mineralisation.

West Cobar Metals’ Managing Director, Matt Szwedzicki, commented:

“We are delighted to have completed the acquisition of the Mystique Gold Project. The tenement comprises a key land area with exceptional and immediate potential for both shallow saprolite hosted and large-scale basement hosted gold deposits. We have identified two high priority targets which justify immediate exploration drilling.”

Read the article online at: https://www.globalminingreview.com/exploration-development/09062025/west-cobar-metals-completes-acquisition-of-mystique-gold-project/

 
 

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