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Ann: West Arunta Project - Luni Assay Results, page-88

  1. 118 Posts.
    lightbulb Created with Sketch. 40
    Here is a very amateur interpretatio
    n of exploration in the West Arunta:

    In just 2 Field Season's, WA1 have found 2 Carbonatite's containing Niobium, ENR have found 5 Carbonatite's containing Niobium.

    The West Arunta has been almost completely unexplored until 2 years ago and the name of the game for a Niobium mining operation to match the profitability of Araxa seems to be finding Very High Grade (2.5%+ Niobium) Starter Pits to fill a mill.

    I wouldn't be suprised if 20 years from now the Satellite Imagery of the Broader West Arunta Area (Centred around Luni/P2/Emily) looks very similiar to Mount Magnet (a large number of Very High Grade Starter Pits).

    I would expect that Rio will be the Major that consolidates the area and develops those Starter Pits, then continues on a Cutback at Luni for the multi decade operation.

    https://hotcopper.com.au/data/attachments/6130/6130677-f8e5b22bb73cd97eda3bad974a430ead.jpg


 
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