West Cobar Metals Limited has announced that it has commenced the approvals process for an upcoming air core drilling campaign at its Mystique gold project, located within Western Australia’s highly prospective Albion-Fraser Province. The company is targeting 70 air core drill holes totalling approximately 5,000 meters, with work expected to begin in the third quarter of 2025. The initiative aims to test extensions of shallow saprolite-hosted gold mineralisation and to identify substantial basement gold targets. Early exploration has revealed widespread gold anomalies in transported cover, saprolite, and bedrock, reinforcing the project’s potential. The drilling campaign comes on the heels of historic impressive gold intercepts at the adjacent Themis Prospect, just beyond the project boundary. Reported drill intersections there include one hole that encountered 25 meters at 2.42 grams per tonne gold—within this interval, a 5-meter section returned 10.85 grams per tonne—and another that recorded 16 meters at 6.69 grams per tonne gold, including a 4-meter section at 22.2 grams per tonne. These technical indicators, along with a prominent soil and calcrete gold anomaly within the project area, underscore the exploration potential of both saprolite and basement hosted deposits. Historically, the area has seen limited prior drilling, with earlier work targeting mineral sands and gold being conducted by several companies. West Cobar now benefits from a robust dataset that includes geophysical surveys and drill results, enabling the company to focus on defined high-priority targets within its 35-square-kilometer licence. The next phase following the air core programme will involve reverse circulation drilling to test deeper targets and further evaluate the extent of mineralisation. Bullish sentiment is supported by the strategic timing of the drilling campaign, the clear identification of promising gold anomalies, and the strong technical indicators demonstrating high-grade potential. The proximity to historically successful drill intercepts adds further validation to the project’s prospects. Conversely, bearish sentiment may arise from the inherent risks of early-stage exploration, including the uncertainties around true widths of mineralised zones and reliance on pending regulatory approvals. Nevertheless, the detailed exploration work and forthcoming drilling programme position West Cobar Metals Limited as a company with promising opportunities in gold exploration.