Nice results released for WA1 Luni today for a 22% rise today so far. Good signs for us here?
19 JUNE 2024
WEST ARUNTA PROJECT
INITIAL METALLURGICAL TESTWORK RESULTS
Highlights
▪ Excellent flotation results demonstrate a high-grade niobium concentrate with
low impurities and industry comparable recovery rates can be produced from
Luni oxide mineralisation using a conventional two stage flotation regime
▪ Initial flotation test work was completed on sample material from a drillhole
located in the northeast of Luni
▪ Open cycle float tests achieved a high-grade concentrate with excellent recovery:
Open cycle concentrate (2
nd cleaner) 51% Nb2O5at 62% recovery
Open cycle concentrate (4
th cleaner) 61% Nb2O5 at 52% recovery
▪ Subsequent locked cycle testing confirmed the flotation regime performance:
Locked cycle concentrate (5
th cleaner) 58% Nb2O5 at 53% recovery
▪ Ongoing testwork is aiming to optimise the beneficiation stage including testing
other process steps used at existing niobium operations, before moving to
variability testing across Luni
Nice results released for WA1 Luni today for a 22% rise today so...
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Last
34.0¢ |
Change
0.040(13.3%) |
Mkt cap ! $153.0M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 35.0¢ | 30.0¢ | $207.5K | 630K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36152 | 35.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 15250 | 1 |
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