Ann: High grade Niobium results from Equador - Brazil, page-1479

Hi @ozblue

Good to see you here. I am holding SUM and SUMO as a high risk high reward punt. Hopefully it might just do a WA1 style run some days if drill results turn out to be positive.

I don't know much about Nb/Ta pegmatites but in lithium pegs, let's just use WR1 as an example. Pre drilling of their Adina asset, they were consistently finding 3-4% Li rock chips in their peg outcrops. After a intensive and comprehensive drill program, they successfully defined a MRE of 77.9Mt @ 1.15% Li2O.

Is lithium comparable to Nb/Ta? Probably not. But getting double digit % of Nb and Ta from rock chips, some might argue that is selective sampling but even then, selective sampling is still yielding double digit %. What does that mean? Is it possible to get duster drill results when you have double digit selective rock chips? I don't know, but hopefully someone with more knowledge than myself can answer this question.

But the rock chip program will lead nicely into a major drill program, which should be announced in due time.