LYN 7.32% 22.0¢ lycaon resources ltd

100% owned West Arunta Stansmore Niobium-REE Project granted...

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    100% owned West Arunta Stansmore Niobium-REE Project granted tenure extends
    over 173km²

    • WA1 Resources continues to deliver exceptional Niobium results¹ ~90km south of
    Stansmore Project, including 30m at 4.7% Nb2O5, demonstrating the world class
    discovery potential of the West Arunta region

    Thomas Langley, Technical Director commented “This is a pivotal step in our exploration efforts to
    test the high order magnetic target at Stansmore. We would like to thank Minister Dr Tony Buti for his
    approval of our mining entry permit to allow our exploration team to carry out the much anticipated
    drilling as soon as possible. Our focus will now turn to organising heritage surveys ahead of drilling
    targeted for mid year. The West Arunta continues to demonstrate the world class discovery potential
    with WA1 Resources’ tier one Luni discovery.”

    “The West Arunta is one of the last frontiers for major critical mineral and copper-gold (IOCG)
    discoveries in Australia. The identification of Niobium and Rare Earth mineralisation associated with
    carbonatite intrusions by WA1 Resources and Encounter Resources nearby in their first ever drill
    programs signifies the extremely prospective and underexplored nature of the West Arunta.”
 
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