Reach Resources (ASX:RR1) has mobilised a team to conduct an ATV-assisted grid sampling program following ‘exceptional’ assay results at its Wabli Creek Project in Western Australia.
The company says this program is designed to establish the potential for more niobium/rare earth element (REE) pegmatites and estimate scale at Wabli Creek.
This announcement comes after the company received results from its latest sampling program, which returned ‘high-grade’ niobium of 10.3% Nb2O5 and 2.6% Nb2O5.
Additional anomalous REE results returned up to 7,082 parts per million (ppm) total rare earth oxide (TREO).
Commenting on the results, Reach Resources Chief Executive Officer (CEO) Jeremy Bower says: “The identification of more high-grade niobium and REE on the east side of the creek and up to 400m away from our last sampling program indicates we may be looking at an additional source of mineralisation.
“These results give us a more complete picture of what we are dealing with at each of our projects”
The confirmation of columbite as the major niobium mineral at Wabli Creek is exciting news for the company and clearly distinguishes 2 key areas of focus moving forward: our Morrissey Hill Lithium Project and our Wabli Creek niobium/REE element Project, both in the Yinnetharra district of Western Australia.
We have a team in the field completing detailed geochemical soil and additional rockchip sampling over the entire tenement package and expect in excess of 4,500 samples at the laboratory over the following months.
These results give us a more complete picture of what we are dealing with at each of our projects and, importantly, our areas of focus for upcoming drilling.”
Reach says the samples from the latest program were taken up to 400m east of the previously mapped northwest pegmatite trend, spanning about 1.5km, which returned results up to 14.3% Nb2O5, 6.7% Ta2O5, and 3,689ppm TREO.
Additionally, the company notes soil sampling results from the Bonzer pegmatite field at the Morrissey Hill Project are expected to be returned in the coming weeks.
Reach Resources is a critical mineral explorer with a portfolio of tenements located in the Gascoyne mineral field. The company is focused on its Morrissey Hill lithium and Wabli Creek niobium/REE projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Reach Resources Ltd
