WA1 Resources Ltd (AU:WA1) has released an update.
WA1 Resources Ltd announces a significant niobium discovery at their West Arunta Project’s Luni deposit, with an initial Inferred Mineral Resource Estimate of 200 million tonnes at 1.0% Nb2O5, including a high-grade portion of 53 million tonnes at 2.1% Nb2O5. The shallow deposit, starting from 30m below the surface and extending to 190m, shows potential for low-cost open pit mining and conventional processing. Ongoing drilling aims to increase resource confidence and define high-grade zones further.
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