WA1 Resources drilling update

WA1 Resources (ASX:WA1) has released an update on its drilling and field activities at the West Arunta Project in Western Australia, focusing on the Luni niobium deposit. This year, more than 15,000 meters of drilling have been completed, highlighting significant niobium intersections.

Summary of West Arunta Project developments

WA1 Resources has made significant strides at its West Arunta Project, with over 15,000 meters drilled this year. The focus has been on defining resources at the Luni niobium deposit. The company reports impressive niobium intersections, such as 20 meters at 6.4% Nb2O5. The drilling campaign, employing diamond, sonic, and RC methods, has confirmed the continuity of high-grade niobium mineralization. Future plans include additional assay and metallurgical testwork results, anticipated in the coming months, with an updated Mineral Resource estimate expected in the first half of 2025. WA1 Resources is committed to positively impacting remote communities, conducting comprehensive environmental and geological studies with local involvement.

Executive commentary on drilling progress

The drilling campaign has been instrumental in defining resources, particularly in the high-grade north-eastern zone. It is a crucial step in our pre-development activities and further enhances our geological understanding of the area.