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The latest announcement is out from WA1 Resources Ltd ( (AU:WA1) ).
WA1 Resources has reported further high-grade infill drilling results from the southern area of its Luni Niobium Project, with multiple diamond holes intersecting thick, high-grade niobium zones that enhance confidence in the existing Mineral Resource and better define the geometry and continuity of key high-grade domains. Additional air core drilling to the east of Luni has extended niobium mineralisation more than 400 metres beyond the current resource envelope, while a 35,000-metre drilling campaign and completion of essential data collection in 2025 are expected to feed into an updated Mineral Resource estimate in 2026 and underpin ongoing project development studies, permitting and approvals, marking a significant step in advancing the project toward potential development.
The most recent analyst rating on (AU:WA1) stock is a Hold with a A$20.00 price target. To see the full list of analyst forecasts on WA1 Resources Ltd stock, see the AU:WA1 Stock Forecast page.
More about WA1 Resources Ltd
WA1 Resources Ltd is an Australian-listed mineral exploration company focused on developing the 100%-owned Luni Niobium Project in Western Australia. The company targets high-grade niobium mineralisation, a critical metal used in high-strength steels and emerging technologies, positioning itself within the strategic critical minerals sector.
Average Trading Volume: 192,977
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.4B
Learn more about WA1 stock on TipRanks’ Stock Analysis page.