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| Cosmo Metals |
Bingara and Nundle Projects Offer High-Grade Multi-Commodity Exploration Potential
Cosmo Metals (ASX:CMO) has finalized its acquisition of the Bingara and Nundle gold-antimony and copper projects in northern New South Wales, marking a strategic expansion of its critical minerals portfolio. The combined 743km² land package lies within the New England Orogen, one of Australia’s premier mineral belts, and offers large-scale exploration upside.
The company will initially focus on Bingara, where a recently completed LiDAR survey—the first of its kind across the entire project area—will support accurate geological modeling. This survey enables the development of a detailed 3D terrain model to assist with mapping, sampling, and drilling.
Geological mapping and surface geochemical sampling will commence shortly, starting with the Spring Creek gold trend at Bingara. Cosmo will also target Evan and Corrigan prospects in the northwest of Bingara, where historical workings and reports of gold, antimony, and tungsten offer promising leads.
Cosmo plans to drill-test historical high-grade intercepts, with Managing Director Ian Prentice highlighting the “compelling first-pass drill targets” at Spring Creek. He emphasized the untapped potential of the entire 743km² tenure, which lies along the Peel Fault system, a mineralized structure that also hosts the Hillgrove and Mt Morgan deposits.
The Bingara project (484.1km²) features two sub-parallel, north-south mineral trends. The Nundle project (259.1km²) overlays the Peel Fault and contains two other key mineralised targets.
Cosmo's expansion into New South Wales reinforces its position as a key explorer of critical and precious metals, aligning with growing global demand for antimony, gold, and copper—especially in strategic and energy transition applications.
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