Comparison:1. **Niobium Grades:**- **WA1 Resources:** Highest reported grade is 4.6% Nb₂O₅.- **Summit Minerals:** Much higher grades, with results up to 40.84% Nb₂O₅.2. **Tantalum and PREO Content:**- **WA1 Resources:** Focused primarily on niobium, no significant tantalum or PREO reported.- **Summit Minerals:** Significant tantalum content (up to 34.16% Ta₂O₅) and partial rare earth oxides (up to 9,070 ppm PREO).3. **Geological Context:**- **WA1 Resources:** Mineralized carbonatite system, first of its kind in the region, focused on defining the extent and continuity of mineralization.- **Summit Minerals:** Pegmatite rock chip samples indicate high-grade niobium and tantalum over a 1.2 km strike length, with new pegmatite occurrences continuously being mapped.4. **Infrastructure and Exploration Efforts:**- **WA1 Resources:** Continued drilling and metallurgical test work, with the arrival of a second drill rig and a maiden Mineral Resource estimate expected in the near future.- **Summit Minerals:** Comprehensive exploration program guided by Chief Geologist, with ongoing mapping, sampling, and the use of drone magnetic surveys to delineate geological structures.Overall, while WA1 Resources has promising initial results indicating significant niobium potential, Summit Minerals' Equador Project in Brazil shows exceptionally high grades of niobium and tantalum, indicating a potentially more economically viable deposit. However, both projects are at different stages of exploration and have distinct geological contexts, making direct comparisons complex but insightful for understanding their respective potentials.
- Forums
- ASX - By Stock
- Ann: High grade Niobium results from Equador - Brazil
Comparison:1. **Niobium Grades:** - **WA1 Resources:** Highest...
-
- There are more pages in this discussion • 1,450 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SUM (ASX) to my watchlist
|
|||||
Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $14.37M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 19.0¢ | $107.0K | 539.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 184555 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 29821 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 164555 | 0.195 |
5 | 848447 | 0.190 |
2 | 383300 | 0.185 |
4 | 385555 | 0.180 |
4 | 221000 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 29821 | 2 |
0.205 | 37000 | 4 |
0.210 | 21964 | 3 |
0.215 | 19305 | 3 |
0.220 | 51560 | 4 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
SUM (ASX) Chart |