Ann: New Niobium-REE Carbonatites Identified - West Arunta, page-9

Quick look at data in Google earth showing relation to Luni NE.


Reported today Hexagons.
Purple generally satellite interpreted drilling - To be confirmed or not.
Green generally site prep which may or may not have been drilled - Yellow recent interpreted drilling (last 10 days) blue recent new sites
orange squares diamond holes
White circles WA1 assays reported.

Detail
Emily

New satellite pass due today if cloud free.
20-25/10 a new line prepared 800m west of 99 site. No drill sites yet.
All holes hare drilled to the south at -60 degrees. The light blue trace is approximately the vertical projection of the the hole (~~50% of length). Red trace the reported carbonatite intersection from 50m down hole (vertical depth ~~85% so ~~40m vertical to top of carb in this area)
White line approx southern margin of interpreted Falcon gravity high.
Red outline local WA1 gravity high interp. Planned hole to test??
Green access to Luni via ENR ground.

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Green and Luni NE.



2023 8 28 LUNI ASSAY RESULT EAST 101-103.pdf
102 114m 0.7%Nb incl. 17m @ 2% from 40m.
103A 29m 0.5% from 65m

WA1 have been adding sites in this area over the last month along with significant infill to the west end so don't read too much into the eastern work. Would expect follow up around hole 102 at the least anyway.

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What is going on with the abundance of carbonatites in the overall area?
Toro energy got excited 15 years ago to the SW but not much came of that.

Starting to look like a province of Nb carbonatites. Some have REEs...
IOCG as well????? OK to be greedy.

Not all carbonatites will contain potential economic grade. Luni probably does have that though whether it ever becomes ore [= a mine] depends on many factors. If it ever did then satellite deposits could become more viable piggy backing off the BIG one.

Starting to look like the geology of Araxa area??