I’d give these results a few days to percolate through the market. To finally get some results in fresh rock is good.The diamond holes can’t be far away.
The Nb % is double the resource from the upper oxide layer, and visible massive monazite( est @ 60-70% TREO) at 275m in CDX0016 is positive.
The main fault does pinch and swell here so more results will help to define how the mineralisation sits.
The main point being that the TREO and Nb continues at depth. They can start to model an open pit scenario in their scoping study now.
Ann: Initial Assays Confirm High Grade Primary REE and Niobium, page-9
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