West Cobar Metals Limited has completed a reverse circulation drilling program at its Fraser Range Project in southern Western Australia. The company drilled nine holes totaling 1,958 metres across five priority targets that include three Iron Oxide Copper Gold prospects and two Broken Hill style targets. These targets, located within the structural extension of the Fraser Zone near established nickel-copper deposits at Nova – Bollinger, were selected based on a review and reprocessing of geophysical data. The drilling program was fully funded by MinRex Resources Limited under a farmout agreement, reflecting a collaborative approach to finance early exploration work. Assay results from the completed program are expected in early August 2025; these will be instrumental in assessing the project's mineral potential and planning further drilling and geochemical work. The technical details of the drilling, such as the use of a 5.7-inch hammer bit and precise geospatial data using the MGA_GDA94 grid system, underscore the methodical approach adopted by West Cobar Metals Limited. The RC drill holes, with depths ranging from 132 metres to over 250 metres, were systematically spaced and logged to capture key mineralised intervals, ensuring that the upcoming assay data will be both robust and representative of the exploration targets. Analysts see a bullish angle in the news due to the successful completion of an extensive RC drilling campaign that probes major greenfields targets. Investor confidence could be bolstered by the fact that the program was fully financed through a farmout deal, minimizing the company's exploration outlay while potentially leveraging further expertise and capital from MinRex Resources Limited. The impending assay results will be critical in validating the project's potential for copper, gold, and base metals. On the bearish side, the lack of immediate assay data introduces uncertainty, and the results may not meet optimistic expectations despite promising targets. Additionally, as with many early-stage exploration projects, there is an inherent risk that further exploration phases may be required before any significant discoveries can be confirmed or developed. This means that while the initial results are promising, investor caution remains advisable until more concrete information is available.