Ann: Shallow, high grade niobium-REE mineralisation at Emily, page-40

Is the difference so enormous? 200+ 100m spaced holes vs wide spaced first pass drilling by ENR for the most part. Review after another year of drilling by both companies at the end of 2024.

WA1 has the runs on the board with an MRE probably by the middle of 24.
ENR are effectively a year behind but ready to see what they have with much access prepared last year to get them out to the Mawson and Shackleton areas.





Includes 2m of 6+% in Hole 98
These are first pass results on 400m spaced lines with holes 200m apart.

Compare to the 2022 results of relatively similar holes at P2 and Luni





At this stage economics hardly come into it with finding something to even begin to think about what could be down the track. Based on your post Luni and P2 would hardly be economically viable.
200 plus holes later is a different story.

I have a nasty suspicion that ENR may have the very northern margin of a lobe of carbonatite at Emily with the bulk potentially being to the south. Not much to base this speculation on other than the nature of holes to the north at Emily that do not imply good vectors in that direction. There is some Nb rich carbonatite right on the boundary which will hopefully extend further north. Time will tell.

Crean and Hurley have volume but grade and depth from follow up to first holes are more along the lines you suspect IMO. Assays still to come so an unfolding story at relatively wide spacing though 'tighter' than Emily/East Green.

MORE ASSAYS TO COME.





and Hurley first assays - deeper than some.




=================
Splitting hairs on the term nearology. WA1 acquired the ground from Tali resources AFTER ENR picked up their granted tenements. ENR are a nearology play to Tali does that make it nearology to WA1? Near for sure with both exploration models being for IOCG! Serendipitous Nb rich carbonatite has changed the whole story