SUM 7.50% 21.5¢ summit minerals limited

Ann: High grade Niobium results from Equador - Brazil, page-1164

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    REE.Summit Minerals (ASX: SUM)First assays from Summit’s surface pegmatite rock chip sampling at the Equador niobium-REE project have confirmed high-grade niobium and tantalum over a 1.2km strike length in the Borborema pegmatitic province.Summit acquired the Equador project in April as part of a suite of niobium, REE and lithium assets.The company said its critical mineral strategy was founded on the acquisition of several REE and niobium-rich opportunities in a country that hosts approximately 98% of the world’s active niobium reserves.Borborema is reported to be one of the world’s most important sources of tantalum, REEs and beryllium.



 
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