Encounter Resources (ASX: $ENR) expands high-grade niobium mineralisation

Encounter Resources unveils promising drilling results


Encounter Resources (ASX:ENR) has announced significant high-grade niobium mineralisation results from the Emily prospect, part of the Aileron project in Western Australia. Recent aircore drilling expanded the mineralisation, which remains open along strike. Plans for further exploration are underway.

Summary and future outlook for Encounter Resources


Encounter Resources Limited has reported promising high-grade niobium results from the Emily prospect, part of the Aileron project. Recent drilling expanded the mineralisation extent, which is open along strike. Key results include significant niobium intercepts, highlighting the area's potential. The company plans RC drilling in 2025 to further explore mineralisation depth. Encounter's strategy focuses on discovering copper and niobium/REE deposits in Australia, with the Emily prospect being a pivotal part of this plan.

Insights from Encounter Resources' leadership


The expansion of the high-grade niobium footprint at Emily is notable, with mineralisation extending across a 9km area through Emily, Luni, and Green. Current drilling at Emily is broad spaced, and further RC drilling is scheduled for early 2025 to refine and extend these high-grade zones at depth.

ENCOUNTER RESOURCES LIMITED
ENR | ASX | Materials
0.330(+0%)
At close (AEDT)
Market cap
$
Volume
0
DY Yield
PE Ratio
52 Week Range
-
1YR Return
N / A

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