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- WA1 Resources (ASX:WA1) unveils the latest exploration results from drilling at its West Arunta project in WA
- The results are being gathered from 21 RC drillholes conducted at the Luni carbonatite
- A total of 181 RC and 23 diamond drillholes have been drilled at Luni with assay results from 80 holes now being reported
- The results confirm the continuity of a high-grade niobium mineralised zone between the previously reported 200m spaced holes
- Assay results from the 2023 drilling program will be processed into 2024, along with plans to recommence drilling operations early in the same year
- WA1 last traded at $10.44
WA1 Resources (ASX:WA1) has unveiled the latest exploration results from drilling at its West Arunta project in Western Australia.
The results were gathered from 21 reverse circulation (RC) drillholes conducted at the Luni carbonatite.
Extensive drilling efforts
A total of 181 RC and 23 diamond drillholes have been drilled at Luni, with assay results from 80 holes now received.
The most significant discoveries were obtained from 100-meter infill drillholes, providing the company with valuable insights into the geological structure of the Luni carbonatite complex.
The best results included 10 metres at 2.1 per cent Nb2O5. Other hits included 15 metres at 3.3 per cent Nb2O5 and eight metres at 4.2 per cent.
The results confirmed the continuity of the high-grade niobium mineralised zone between the previously reported 200m spaced holes.
“We initiated this 100m-spaced infill drilling in the early stages of this year’s program to assess the interpreted continuity of high-grade mineralisation between the initial 200 m-spaced step-out holes. The results to date indicate good continuity of the flat-lying mineralised blanket over the 1km strike extent of the infilled zone.” WA1’s Managing Director Paul Savich said.
Ongoing drilling activities
“Drill-out of the Luni carbonatite is ongoing. We anticipate receiving further regular laboratory assay results which will continue to form the basis of the maiden mineral resource estimate expected in the first half of 2024.”
Drilling is expected to conclude in early December, marking the completion of all drilling required for the maiden MRE.
Assay results from the 2023 drilling program will be processed into 2024, along with plans to recommence drilling operations early in the same year.
WA1 last traded at $10.44.
