- District-scale copper position secured in Cobar Basin
- WC1 holds tenure covering 120km strike of prospective Cobar stratigraphy
- Priority target Blind Freddie has 2.5km copper and gold anomaly
West Cobar Metals (ASX:WC1) has significantly expanded its Cobar Basin copper exploration footprint following the granting of new exploration licence EL9915 in NSW.
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The company has secured approximately 1,090 sq. km of prospective tenure covering approximately 120km strike of highly prospective Cobar stratigraphy.
MD, Matt Szwedzicki, said the expanded land position contains multiple large-scale gravity and geochemical targets interpreted to be prospective for concealed Cobar-style copper mineralisation, including the priority Blind Freddie and Lilyvale prospects.
“The new licences, including EL9915, transform WC1 into a district-scale copper explorer in the Cobar Basin,” he said.
“Blind Freddie and Lilyvale both display the geological and geophysical characteristics associated with major Cobar- style mineral systems.
“Bulla Park demonstrates that significant mineralisation can remain concealed beneath shallow cover in this district.
“With multiple priority targets now defined and exploration programs planned, we believe the Cobar West Project has the potential to evolve into a significant new copper exploration district.”
Mr Szwedzicki said both the Blind Freddie and Lilyvale prospects display geological, geochemical and geophysical characteristics considered analogous to the company’s Bulla Park copper-antimony-silver deposit and to Cobar mineralised systems such as the Hera deposit (Au, Ag, Pb, Zn, Cu) and the CSA Mine (Cu-Ag), all of which demonstrate strong variations in their principal metal contents.
He told shareholders the Cobar West district remains substantially under-explored beneath shallow transported and younger stratigraphic cover.
“The Bulla Park deposit lies beneath 60 to 120m of barren cover and exhibits only subtle surface geochemical expression, demonstrating the potential for significant concealed mineral systems within the district.”
He said the company believes the combination of modern gravity interpretation, improved geological understanding and systematic geochemical targeting materially enhances the prospectivity of the broader Cobar West Project area for additional concealed copper-dominant mineral systems.
The company is now progressing multiple targets towards drill testing, with gravity surveys and RAB and RC drilling programs planned across priority target areas during FY2026.
WC1 is down 2.70% to 1.8c. Mkt cap $6.550M.
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