West Cobar Metals Uncovers New 400m Gold Anomaly at Mystique Project
West Cobar Metals is advancing its air core drilling program at the Mystique Gold Project, revealing a promising 400m anomalous gold horizon. Full assay results are expected in November, potentially reshaping the project's exploration model.
- 70-hole air core drilling program underway at Mystique Gold Project
- Interim assays from 32 holes reveal new 400m gold anomaly in saprolite
- Updated geological model highlights NW-SE structural controls
- Drilling to complete by end of October with full assays in November
- Further drilling planned at Themis South and Torquata prospects
Exploration Progress at Mystique
West Cobar Metals Limited (ASX – WC1) is making steady progress with its reconnaissance air core drilling program at the Mystique Gold Project, located 240 kilometres east of Kalgoorlie in Western Australia. The company has completed 45 of the planned 70 holes, with assay results received from 32 holes so far. These early results have unveiled a new gold system, marked by a 400-metre anomalous gold horizon within the saprolite zone, a weathered rock layer near the surface.
Significance of Interim Assays
The best assay to date recorded 4 metres at 0.39 grams per tonne of gold from 40 metres depth, indicating the presence of potentially economically interesting mineralisation. The company plans to refine these results by re-assaying intervals with more than 0.1 grams per tonne gold using more detailed 1-metre interval photon assays. This approach aims to better understand the distribution and concentration of gold within the saprolite horizon.
Evolving Geological Model
Based on the drilling and aeromagnetic data, West Cobar has updated its geological interpretation. The new model suggests that NW-SE trending fault structures may be key controls on gold mineralisation, shifting focus away from previously considered palaeochannels. This structural insight is guiding the siting of current and future drill holes to better target mineralised zones, particularly where these faults intersect.
Next Steps in Exploration
Drilling is expected to wrap up by the end of October, with full assay results anticipated in November. The program includes further drilling along multiple lines at the Themis South Prospect and the Torquata Prospect. Should the results continue to be encouraging, West Cobar plans to advance to reverse circulation drilling to test bedrock targets beneath the saprolite, aiming to delineate potential ore bodies.
Strategic Context
The Mystique Project complements West Cobar’s broader portfolio, which includes the Bulla Park copper antimony project in New South Wales and the Salazar Critical Mineral Project in Western Australia. The discovery of a new gold system at Mystique adds a promising dimension to the company’s exploration efforts in a region with a rich mining history.
Bottom Line?
As West Cobar Metals completes drilling and awaits full assay results, the evolving structural model and new gold discoveries could redefine the Mystique Project’s potential.
Questions in the middle?
- Will the full assay results confirm the extent and grade of the new gold system?
- How will the updated structural model influence future drilling and resource estimation?
- What are the implications for West Cobar’s overall exploration strategy if significant bedrock mineralisation is confirmed?
