Several mines are on that list, including the one you cherry-picked for its supergene grade, Araxá.
This is just the beginning for ENR.
Economic primary Nb deposits can be large tonnage, low grade (typically < 1 wt.% Nb2O5) disseminated ore deposits.
Evaluation of any Nb deposit requires extensive definition drilling and detailed mineralogical studies. So much more work to do from here.
I can understand why you would go short. What is the likelihood of every single hole in this area being mineralised? Pretty low, considering currently, there are only three operating Nb-mines [Araxá and Catalão-II (Brazil) and St. Honoré (Canada)]
IMO & DYOR
Ann: Thick, high-grade Niobium-REE at Aileron - West Arunta, page-57
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