Metals

WA1 Resources discovers ‘substantial’ niobium extensions

CBCIE Time:Jun 05, 2023 17:47 Source:smallcaps

Remote region explorer WA1 Resources says its Luni prospect is now demonstrating that it has a large and “extremely” high-grade niobium footprint.

Drilling has also led to substantial extensions of niobium mineralisation.

Luni is part of the company’s West Arunta iron oxide copper gold (IOCG) project located in a remote region of Western Australia, 490km south of Halls Creek.

In the latest batch of assays, WA1 has received the highest-grade niobium intersection to date at West Arunta with a hole returning 42m at 2.7%, including a significant interval of 10m at 8.3% niobium oxide.

That hole was drilled 500m southwest of previously reported intersections.

Another hole assayed over 40m at 1.1%, including 8.0m at 3.0% niobium.

Titanium mineralisation also intersected

The company states there also further evidence of the high-grade, multi-commodity potential that exists at Luni with “significant” titanium mineralisation intersected in multiple holes.

These hits include 144m at 2.9% titanium dioxide, including a 67m interval assaying at 4.8%

Diamond drilling has now begun and, initially is focused on infill work for the maiden resource estimate which is expected to be released in the December quarter.

The new drilling program will also produce core samples for test work.

High purity niobium

Managing director Paul Savich says 51 reverse circulation holes have now been completed at Luni.

“These latest assay results demonstrate that Luni now has a large and extremely high-grade niobium footprint which we are working to extend further,” he said.

“We are also very pleased to have received initial mineralogy results reporting high purity primary niobium-bearing minerals.”

These have strong liberation characteristics which Mr Savich says is a positive first step.

Following major niobium producers

WA1 is planning a detailed metallurgical test work program that will use drill core samples.

This work will test a conventional flow sheet design similar to that method currently used by the existing three global major niobium mines (in Brazil and Canada).

Test work will also investigate the potential for scandium and tantalum and phosphate.

Previous work in the entire project area had been limited to exploration for gold and copper largely in the form of reconnaissance airborne geophysics, limited ground surveys and surface sampling.

Niobium as a critical metal

Niobium is considered critical for technology and is primarily used in metallurgy as an alloy with steel to improve strength and resistance to corrosion.

This steel is particularly favoured for use in transportation infrastructure and gas pipelines.

It is also considered critical because of potential supply side risks.

All articles, pictures, reports and other original works on the website that are attributed to CBCIE are non-public information, only for members. No one may reproduce or otherwise use the original content of this website without our permission. If you need to use it, please call
+86 18135172048 to apply for authorisation. CBCIE reserves the right to pursue any infringement and citation contrary to the original intent.

Disclaimer:CBCIE is committed to building a comprehensive and authoritative metal information platform, and strives to provide a full range of data and information services and decision-making support for metal industry researchers and practitioners. However, the information on this website is for reference only and is not intended as direct advice for investors' decision-making. Any investment, purchase, sale or operation based on the information on this website should be at your own risk and is not related to CBCIE.

Contact us

Contact us for more CBC information and services.

Get in touch
CBC专家咨询 关闭
close
WeCom

CS Manager:
Zizhen Zhang

+86 18135172048