eMetals (ASX:EMT)has announced the receipt of assays from rock chip samples taken in November last year at Beryl Well, returning exceptional high grade rock chips.
eMetals highlighted results including 26.47% niobium and 6.68% tantalum, and 23.79% niobium and 6.33% tantalum.
The company says although the extent of the niobium and tantalum rich material is yet to be specifically determined, it believes it's related to iron rich materials confined to structural infill zones.
Following the announcement, shares of eMetals closed up 18%.