WAT Resources Ltd announces further exploration results from drilling at the West Arunta Project in Western Australia

WAT Resources Ltd (ASX: $WAI) is pleased to announce further exploration results from drilling at the 100% owned West Arunta Project in Western Australia. The company's Managing Director, Paul Savich, highlighted that the results continue to increase the scale and quality of Luni's niobium mineralisation, with further broad high-grade intercepts returned in the central and eastern zones. The remaining assays from the 2023 drilling are due soon and will lead into an initial Mineral Resource estimate, which remains on schedule for the June quarter.

Executive Commentary on Exploration Results and Future Plans

Paul Savich, Managing Director of WAT Resources Ltd, stated, 'Today's results continue to increase the scale and quality of Luni's niobium mineralisation, with further broad high-grade intercepts returned in the central and eastern zones. Assays were also received from drillholes to support the initial Mineral Resource estimate and included the short-range variability drilling program. Metallurgical testwork programs are progressing well, and we continue to target the release of an initial Mineral Resource estimate for Luni late in the June quarter.'

Summary of Exploration Results and Future Outlook

The latest exploration results from WAT Resources Ltd demonstrate the continuity and extension of high-grade niobium mineralisation at the West Arunta Project. The company's focus on increasing the scale and quality of Luni's niobium mineralisation is evident from the broad high-grade intercepts returned in the central and eastern zones. The upcoming release of an initial Mineral Resource estimate for Luni in the June quarter indicates the company's commitment to advancing its exploration efforts. Additionally, the progress in metallurgical testwork programs and the continuation of drilling activities reflect WAT Resources Ltd's dedication to further understanding and developing the potential of the West Arunta Project.