West Cobar Metals (ASX:WC1) confirmed a thick zone of antimony and copper mineralization after diamond drilling at its Bulla Park project in New South Wales, according to a Tuesday filing with the Australian Securities Exchange.
Assays revealed copper and antimony grades up to one meter at 1.04% copper and 0.55% antimony, with broad intercepts including 190 meters at 0.23% copper and 0.08% antimony from 128 meters, the filing said.
Planning is underway for the next drill program to enable a maiden antimony-copper mineral resource estimate for the project, according to the filing.
West Cobar Metals shares rallied 15% in midday trade.
Price (AUD): $0.03, Change: $+0.0040, Percent Change: +14.81%
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