I'll have a semi-informed crack for you. RR1 has used a multi-element approach to define their anomalous areas which adds some complexity. If you just look at Nb, take the grade bins that they have used for the Nb soils (Figure 2). The highest grade bin is 23.3 to 96.7ppm. Crustal abundance is around 20ppm for Nb and background in this area looks about the same. I would suggest anything below say 50 or 60ppm is not really anomalous - so that literally leaves a handful of samples that are only very weakly anomalous. To be fair Nb exploration in Aust is very immature - I believe WA1 were looking for an IOCG system and stumbled across a Nb carbonatite so there is not a lot to compare to. It is also difficult to make an informed call without detailed understanding of the underlying regolith/geology. Given all that though, at best I would suggest it is a very weak soil anomaly, at worst it is misleading use of the grade bins to overstate the anomalism.
The REE possibly looks a bit better. The key here is development of a suitable clay profile to allow the REE to be easily leached. Without this it is unlikely to ever be economic and will need a lot of work.
- Forums
- ASX - By Stock
- RR1
- Ann: Multiple new Niobium & REE Targets at Wabli Creek
RR1
reach resources limited
Add to My Watchlist
0.00%
!
0.8¢

Ann: Multiple new Niobium & REE Targets at Wabli Creek, page-47
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.995M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $3.149K | 425.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 21630627 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2429704 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 21630627 | 0.007 |
14 | 8182140 | 0.006 |
5 | 2700000 | 0.005 |
7 | 5327500 | 0.004 |
3 | 2380000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2429704 | 4 |
0.009 | 1857830 | 3 |
0.010 | 2685033 | 8 |
0.011 | 916900 | 3 |
0.012 | 948460 | 2 |
Last trade - 14.07pm 26/06/2025 (20 minute delay) ? |
Featured News
RR1 (ASX) Chart |
The Watchlist
PTX
PRESCIENT THERAPEUTICS LIMITED
James McDonnell, CEO
James McDonnell
CEO
Previous Video
Next Video
SPONSORED BY The Market Online