WA1 1.33% $14.86 wa1 resources ltd

Ann: June 2024 Quarterly Activities and Cash Flow Report, page-30

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    Basically a repeat of the interp for the last Sentinel satellite pass with a rig drilling another 3 holes of the prepared sites and finishing off the last site of the previous pass.
    9 of the magenta sites probably drilled. Sonic or Diamond??
    Activity in the south east at large white circle #d 4. This was previously a black dot. Not easy to keep track of site prep vs drilling.
    Site 4 may be the beginning of step out testing from the 7m/10% REE 3.6% Nb from 58m in Hole 93.

    https://hotcopper.com.au/data/attachments/6341/6341751-1a9ea0ff41c99f4491e0565f84ac66c2.jpg
    Available assays for holes surrounding and including Hole 93
    Hole IDFrom
    (m)
    To
    (m)
    Interval
    (m)
    Nb_{2} O_{5}
    (%)
    TREO
    (%)
    1LURC230410NSI
    2LURC2304211912013.681.35
    3LURCD2304211912342.541.74
    4LURCD23042119160410.641.03
    5LURCD23042133.6133.90.31.071.51
    6LURC230434096560.990.74
    7LURC23043505882.122.57
    8LURC23043626861.980.97
    9LURC23043768041.310.77
    10LURC2309357130730.801.51
    11LURC23093586573.5610.07
    12LURC23093969821.980.53
    13LURC2309310611041.160.44
    14LURC23220343730.270.27
    15LURC23220545510.200.17
    16LURC23220889020.260.30

    At 200m spacings there is some potential for a decent volume of high grade REE's + Nb indicated in the shallow blanket in two holes.
    Hole 42 (just north of site 4) has mod to low grade REE's plus thin high grade Nb at depth.

    1-2% TREO is the background for fresh rock to around 600m from a deep hole at Mt Weld. More info in this link.https://hotcopper.com.au/data/attachments/6341/6341786-02e5ac922df3c784091b841d126819c1.jpg
    2% TREO is low grade at Mt Weld - at present and maybe waste forever. Add in high grade Nb and an effective processing system then a REE by product +- phosphate might be feasible. The 10% grade needs to be more than a one off to be significant. Currently open so a possibility.
    ===============

    Time lapse of last 5 days.
    ?large white circle possibly finished at start of period.

    https://hotcopper.com.au/data/attachments/6341/6341798-57b95763af108c8649c528b81c924a5a.jpg




    Last edited by salpetie: Today, 11:19
 
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