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.”