LykeShares
ASX Mining News
Sign up
Login
Sign Up
(current)
Watchlist
Feedback
Advertise With Us
Profile
Home
Search
Watchlist
Advertise
Feedback
Profile
WA1 Commences Drilling at P2 Carbonatite, Expanding Exploration in West Arunta Project — ASX:WA1| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$WA1
WA1 Commences Drilling at P2 Carbonatite, Expanding Exploration in West Arunta Project
WA1 Resources Ltd (ASX: WA1) has announced the initiation of drilling at the P2 carbonatite complex, located 32km west of Luni. The P2 site, discovered in 2022 with a single drillhole (PARC003), presents an opportunity for WA1 to define a second mineralised carbonatite, adding to the previous Luni carbonatite discovery.
The four-hole RC drill program aims to enhance understanding of the P2 site and gather sufficient data for potential drill-out planning. Initial drilling at P2, as confirmed by PARC003, intersected mineralisation including intervals of 12m at 0.66% Nb2O5 from 61m and 54m at 0.62% Nb2O5 from 162m. The highest grade encountered at the end of the hole was 1m at 1.72% Nb2O5 from 215m.
To enhance drilling accuracy, passive seismic and infill gravity surveys have already been completed at P2. These geophysical surveys will aid in targeting the drill holes effectively. The exploration process will run concurrently with the ongoing drill-out of
...
See More
the Luni site, which remains the primary focus for WA1.
WA1 Managing Director, Paul Savich, emphasised the potential of the P2 carbonatite, stating, "P2 is characterised by a very discrete, semi-coincident gravity and magnetic anomaly which is proximate to a significant regional structure. A single drill hole in 2022 confirmed niobium mineralization is present within the P2 intrusive."
The Company's objective is to gain a comprehensive understanding of the P2 carbonatite through the four well-planned drill holes. This will allow for future planning and potential exploration of the P2 site.
... View
0 Likes
0 Reply
?
L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
430 Views
2 Likes
0 Reply
?
L
Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
...
See More
rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
415 Views
1 Like
0 Reply
?
L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
430 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
320 Views
2 Likes
0 Reply
?
L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
306 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
295 Views
1 Like
0 Reply
?
L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
1.1k Views
1 Like
0 Reply
?
Loading more...
Popular Stocks 🚀
Anson Resources Limited
ASX:ASN | Materials
3.3k
Voltaic Strategic Resources Ltd
ASX:VSR | Energy
543
Downer Edi Limited
ASX:DOW | Commercial & Profes…
602
Regener8 Resources Nl
ASX:R8R | Materials
2.7k
Akora Resources Limited
ASX:AKO | Materials
401
Show more