Connect with us

Hi, what are you looking for?

BigStatesNews.comBigStatesNews.com

Investing

Reach Resources Closes in on Significant Niobium Discovery at Wabli Creek in Western Australia

Reach Resources’ (ASX:RR1) is on the tail of a niobium discovery after uncovering more high-grade niobium from surface sampling at its Wabli Creek project in Western Australia, according to an article on Business News.

Reach Resources reported assays of 10.3 percent Nb2O5 (23RRRK243) and 2.6 percent Nb2O5 (23RRRK244) with additional anomalous rare earth elements results of up to 7082 parts per million total rare earth oxide.

Although grab samples of eluvium may not reflect the average in-situ grade of the host pegmatite, Reach pointed out the type of confirmed mineralization at Wabli Creek is rare and presents a unique exploration opportunity, the article said.

It further stated that with this significant new discovery, Reach Resources could be destined to meet the demands of the green economy.

Read the full article here

Click here to connect with Reach Resources’ Limited (ASX:RR1) for an Investor Presentation.

This post appeared first on investingnews.com

You May Also Like

World News

LOS ANGELES — On Tuesday, just minutes after the Supreme Court reversed the conviction of a man who’d made relentless online threats to a...

Business

Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage...

World News

With his foot on a front porch of a stately home in Charleston, S.C., a canvasser for a $100 million field effort supporting Florida...

World News

HUDSON, N.H. — As he finished up his remarks at an outdoor garden party hosted by a former state senator, Mike Pence made one...