EXPLORATION & DEVELOPMENT

Rarefied market gain for WA1 after niobium, rare earth drill success

INVESTORS and traders got seriously active with mini-cap WA1 Resources today after it reported the discovery of a niobium-rare earth elements mineralised carbonatite system on its West Arunta ground in northern Western Australia near the border of Northern Territory.

WA1 drilling in WA

WA1 drilling in WA

A wide RC drill interval that included 54m grading 0.62% niobium and 0.18% total rare earths and 3.8% phosphorous saw the stock surge more than 400% to A68c late in the session. Even with that headline-grabbing...

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