Summit Minerals Limited (AU:SUM) has released an update.
Summit Minerals Ltd has completed a significant bulk sampling program at its wholly owned Equador Project in Brazil, yielding exceptionally high-grade niobium, tantalum, and rare earth elements. The company is advancing with metallurgical tests to optimize economic concentrate production, aiming to fast-track the project’s path to production. The addition of a new mining lease at Equador North has notably increased the project’s prospectivity, leading to an updated drilling plan to target the most promising areas.
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