WA1 Resources (ASX:WA1) announced further high-grade drilling results and project updates from its 100% owned Luni Niobium Project in Western Australia.
The company’s 2025 drilling campaign, which totaled 35,000m, has delivered exceptionally strong niobium intersections in the southern part of the Luni deposit.
Results include 16m at 5.6% Nb₂O₅ from 62m, 9.4m at 9.3% Nb₂O₅ from 44.6m, and 31.5m at 2.6% Nb₂O₅ from 74.5m, highlighting the continuity of high-grade mineralisation.
Assay results from the eastern area of the Project have also extended mineralisation more than 400m beyond the current mineral resource estimate, with step-out drillholes returning 28m at 2.5% Nb₂O₅, including 17m at 3.8% Nb₂O₅, and 29m at 1.4% Nb₂O₅, including 14m at 2.5% Nb₂O₅.
These results confirm the potential for resource growth beyond the current envelope.
WA1 Managing Director Paul Savich stated that the drill results strengthen confidence in the geometry and grade of the high-grade zones at Luni, while 2025 site activities—including hydrogeological surveys, pump testing, and data capture—have provided critical information to support ongoing development, permitting, and approvals work.
Drilling will continue in 2026 alongside metallurgical, geotechnical, and infrastructure studies, including airstrip construction, with results feeding into an updated MRE expected later in the year.
WA1's ongoing program is aimed at defining key high-grade zones and advancing the Luni Project toward development.
At the time of reporting, WA1 Resources' share price was $19.20.