Bantam shares a 30km-long border with the West Arunta project owned by WA1 Resources (ASX: WA1) and home to the world class Luni niobium-rare earths deposit.
Key geophysical and structural features identified on the Bantam tenure from desktop reviews show similarities to regional features seen on neighbouring niobium and rare earth prospects.
Caprice chair Glenn Whiddon said the tenement package was highly prospective for targeting carbonatites and associated mineralisation.
Ann: Caprice to Acquire Niobium-REE Project in West Arunta Region, page-15
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