West Cobar Metals (ASX:WC1) has identified new high priority targets with potential for higher grades for copper and antimony at the Bulla Park Project in New South Wales.
These new targets were uncovered via Resource Potentials completing interpretations of historical induced polarisation (IP) chargeability data, combined with a revised geological model following drilling conducted at the project.
West Cobar has planned four diamond core dirllholes, aimed to test for higher copper and antimony grades and extend the potential footprint and tonnage of the deposit.
Targeting of these four holes will focus on testing geophysical anomalies that have been missed by historical drilling.
West Cobar expects that drilling of these holes could enable estimation of a maiden copper-antimony resource for Bulla Park.
Metallurgical flotation testwork on drilled core samples is planned to begin during this month.
As part of the upcoming program, three holes will test combine gravity anomaly highs within a zone of elevated IP chargeability that may be caused by higher sulphide mineral content with potential to contain elevated copper and antimony grades, alongside testing zones that have not been effectively tested by historical drilling.
Meanwhile, one hole will test a combined deeper chargeability anomaly, gravity high zone and subtle magnetic anomaly located within the southwest part of the IP survey area.
Managing Director Matt Szwedzicki says the project continues to shape up as having all the indications of a “major” copper-antimony deposit.
“The antimony content is both unusual and exceptional,” Swedzicki says.
“Global prices of antimony trade at nearly 2.5 times the current price of copper.
“The next drill program will target coincident geophysical gravity and IP chargeability anomalies for higher grade copper antimony mineralisation along strike and to test for steeply dipping higher grade veins forming fluid conduits to the known, flat-lying mineralised layers at Bulla Park.”
West Cobar Metals is a junior mineral explorer and developer focused primarily on critical minerals discoveries within Australia.
The Bulla Park Project comprises four granted exploration licences and is located 110km west of the Cobar region.
Write to Aaliyah Rogan at Mining.com.au
Images: West Cobar Metals
