West Cobar Metals Limited has completed its acquisition of a 100% interest in tenement E28/2513, known as the Mystique Project, located in the Fraser Range of Western Australia. The land, covering 35 square kilometers within the Albany-Fraser Province approximately 225 kilometers south-southeast of Kalgoorlie, is recognized for its high potential in orogenic gold mineralisation. The completion was achieved following the satisfaction of all conditions precedent relating to the previously announced conditional acquisition. Additional excitement surrounds the area due to recent outstanding gold intercepts identified at the neighboring Themis Prospect. Reported intercepts include 25 meters averaging 2.42 grams per tonne gold from a depth of 42 meters, which featured a higher grade section of 5 meters averaging 10.85 g/t from 49 meters, and another intercept of 16 meters averaging 6.69 g/t gold from 42 meters with a 4-meter section at 22.2 g/t from 50 meters. These findings support the prospectivity of the region and hint at significant mineralisation both in shallow saprolite-hosted and deeper basement-hosted settings. Exploration plans are already underway with a drill programme being prepared to follow up on two high priority targets. The first target, the Themis South Prospect, appears to extend southwards into West Cobar’s ground, focusing on palaeochannel and saprolite mineralisation. The second, the Torquata Prospect, aims to define significant gold mineralisation in both saprolite and the underlying bedrock. The strategic focus on these areas follows the identification of widespread gold anomalies across both transported cover and basement rocks, reinforcing the potential of the Mystique Project. The news offers a mixed sentiment for market participants. On the bullish side, the completed acquisition opens up a promising exploration ground with immediate targets for drilling that may yield high-grade gold discoveries. The technical details of robust intercepts further enhance optimism about future production potential. Conversely, bearish perspectives may point to the challenges posed by the extensive 30-meter thick Eocene sediment cover, which could complicate exploration and increase the uncertainties related to delineating mineralisation. Overall, the developments at the Mystique Project reflect a forward-looking strategy backed by promising exploration results and immediate actionable targets.