WA1 0.86% $16.48 wa1 resources ltd

Ann: Trading Halt, page-39

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    Just a little more background in Bayan Obo. (the world's largest rare earth's mine).
    Ore Types classified into nine main types.

    Nb-REE-Fe Ore

    Aegirine- type Nb-REE-Fe ore
    Riebeckite type Nb-REE-Fe ore.
    Dolomite type Nb_REE-Fe ore
    Diopside Type Nb Ore and
    Biotite type Nb_REE-Fe Ore.

    West Arunta (WA1) has so far reported Iron and Niobium. If there is fluorite and OR REE in any of the results then it will be on like donkey kong.

    Pure speculation on my part that this deposit may have similarities to the world renowned Bayan Obo deposit. Many of the Bayan Obo ores have Niobium as a component.

    Would be great if the next announcement confirms that WA1 has geological ore types similar to these or is it more like the Brazilian Niobium deposits.

    Whatever it is it will be
    "material exploration results" on Monday. Release the BEAST.

    https://hotcopper.com.au/data/attachments/5019/5019722-ffb8dd41abaac9856cce51174f696327.jpg

    https://hotcopper.com.au/data/attachments/5019/5019729-61d855e7879d24b0613dffe5924f189d.jpg

    Last edited by rocketeer: 02/02/23
 
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