Its only rock chips at this stage, look at RR1 reach recourses, they went out and cherry picked weathered rock samples showing 14.3% Niobium. Their price rocketed because of the WA1 story only to crash later on.
one thing you need to be careful about is if there is any radioactive material.
be careful at this stage. WA1 is a goldilocks deposit with a weathered supergene blanket which is highly profitable to mine. There strip ratio is minimal and grade is world class.
They wouldnt mine the carbonatite below for years to come until they have exhausted the enrichment layer.
Ever since WA1s success with niobium alot of junior's are throwing it in their title.
ARN Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
