SUM 4.84% 29.5¢ summit minerals limited

Ann: High grade Niobium results from Equador - Brazil, page-1153

  1. 208 Posts.
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    Are you being sarcastic? The drill program has yet to begin. I will share some insight for you below

    - High grade Niobium + Tantalum identified throughout the project wide distance apart
    - 1.2km strike so far, this will likely increase with the pending assays
    - located in Brazil where there is the most niobium in the world
    - outcropping minerals and 5 artisanal mines identified so far (historical locals mining from surface with picks and shovels)
    - SUM will be the first to drill test this highly prospective land and uncover whats below
    - When there is mineralisation on surface, it can indicate a resource below. The fact we have found 5 artisanal mines and mineralisation from surface throughout the project is highly encouraging
    - if of economical scale, these niobium deposits are worth north of a billion
    - WA1 was originally looking for tantalum (worth more than niobium), and we have that too

    Its a very exciting project albeit early days, at circa 25m market capitalisation the RvR is outstanding IMO
 
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