Maiden drilling by RCR is kicking off at the West Arunta project in the, erm, West Arunta region in WA (which is going absolutely gangbusters for REEs and niobium by the way).The explorer has identified the ‘Avalon’ gravity anomaly at the project, which it says is comparable to WA1 Resources’ extraordinary 200Mt at 1% niobium (Nb2O5) Luni deposit.WA1’s Luni find catapulted the company from a $9m-capped minnow to a now >$1.3bn mine developer and RCR, among other juniors that have flocked to the region, would be happy to emulate even just a small slice of that success.Shares in RCR are up 22.7% to 13.5c per share – and notably, WA1’s shares have also jumped 10% after open today.
Maiden drilling by RCR is kicking off at the West Arunta project...
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