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Why is WA1 Resources Ltd extending the high-grade niobium zone at West Arunta Project? — ASX:WA1| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$WA1
Why is WA1 Resources Ltd extending the high-grade niobium zone at West Arunta Project?
WA1 Resources Ltd (ASX: WA1) has announced the extension of the high-grade niobium zone at their West Arunta Project in Western Australia. Assays from three mineralized holes at the Luni carbonatite complex have revealed a new intersection 400 meters east of previously released holes. This extension of the high-grade zone of niobium enrichment now spans approximately 2 kilometers, with the new intersection showing 17 meters at 2.0% Nb2O5 within an overall interval from 39 meters of 114 meters at 0.7% Nb2O5.
What are the implications of this extension?
The extension of the high-grade niobium zone suggests the presence of a shallow, northeast-southwest trending mineralized zone that now spans approximately 2 kilometers. The assays support the interpretation of lateral controls on mineralization within the carbonatite complex, primarily southwest to northeast. Follow-up drilling will be conducted to determine the extent of the mineralization east of this location. With drilling at Luni progressing well, further
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assay results are expected in the coming weeks as laboratory turnaround times improve.
Geological Discussion - Luni Carbonatite (Sambhar Prospect Area)
The new intersected zones reported in this announcement provide evidence of further continuity of the Luni carbonatite mineralized horizon. The drilled holes showed the typical regolith profile observed in previous holes, with indurated cover from the surface to around 20 meters, followed by depleted clays. A notable increase in ferruginous content was observed in all holes from approximately 35 meters, which aligns with the interpreted paleo water table. Drill hole LURC23-102 ended at 150 meters in a moderately weathered zone of ferruginous carbonatite, presenting a new target zone for follow-up drilling.
This latest development confirms the presence of a relatively shallow high-grade niobium mineralized zone, which now extends to a strike length of approximately 2 kilometers. The enriched, oxide mineralization is interpreted to be sub-horizontal and coincident with the flat lying transition between intensely and moderately weathered carbonatite.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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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
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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.
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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
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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
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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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...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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