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Ann: High grade Niobium results from Equador - Brazil, page-64

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sentinel1221

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11/06/24

09:15

Post #: 74252241
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Originally posted by HairyPlum: ↑

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.

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1. Are comparing rock chips vs rock chips or SUM rock chips vs WA1 drill assays?
7 Upvote

0 Great analysis

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