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Exploration|Gold|PROJECT|Resources|Surface|System|Testing|Drilling
Exploration|Gold|PROJECT|Resources|Surface|System|Testing|Drilling
exploration|gold|project|resources|surface|system|testing|drilling

West Cobar brings Mystique into its fold

9th June 2025

By: Creamer Media Reporter

     

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ASX-listed West Cobar has completed the acquisition of the Mystique project – an exploration licence in the Fraser Range province of Western Australia – from base metals miner IGO.

The licence covers 35 km2 in the Albany-Fraser province, about 225 km from Kalgoorlie.

While exploring the adjoining tenements the IGO and Rumble Resources joint venture encountered outstanding gold intercepts in saprolite and bedrock, in particular at the Themis prospect, just north of the E28/2513 tenement boundary.

The Mystique project remains relatively unexplored as most of the area is covered by 30 m or more of transported Eocene sediments and there is little surface expression of geology or mineralisation.

Commenting on the completion of the acquisition, West Cobar MD Matt Szwedizicki said the tenement comprised a land area with “exceptional and immediate potential for both shallow saprolite-hosted and large-scale, basement-hosted gold deposits”.

“We have identified two high-priority targets which justify immediate exploration drilling,” he said.

Themis South, on E28/2513, has the potential to be a large mineralised system, with thick, high-grade gold zones intercepted just outside the tenement boundary. In addition, the Torquata prospect is a large calcrete gold anomaly which contains a number of areas that require testing.

Edited by Creamer Media Reporter

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