InvestSMART

West Cobar Metals Limited (ASX:WC1)

ALERT: Price-sensitive ASX Announcement for WC1
Current share price for WC1 : $0.014 0 (0%)+
Announcement
Release
21 Jul 2026 8:33AM
Price at Release
$0.014
Full Release
download
Summary
West Cobar Metals Limited (ASX: WC1) announced its near-term drilling plans for copper and scandium at their Cobar West and Salazar Projects in Australia. The Cobar West Project, which spans a significant district-scale landholding, is set to explore concealed copper targets, while the Salazar Project focuses on high-grade scandium extraction. The emphasis is on advancing the Blind Freddie copper target and preparing for high-grade scandium zone drilling in Salazar, leveraging cost-effective metallurgical processes.
Key Points
  • West Cobar Metals Limited is focused on the Cobar West Project for copper and scandium exploration.
  • Near term drilling is planned for the Blind Freddie copper target and high-grade scandium zones at the Salazar Project.
  • The Cobar West Project holds a large land area with several concealed copper targets similar to known Cobar-style mineral systems.
  • The Salazar Project in Western Australia is rich in scandium, rare earth elements, titanium, and gallium.
  • There is ongoing metallurgical testwork to explore low-cost processing methods for scandium extraction at Salazar.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.