Rincon Resources (ASX:RCR) has received a report highlighting the similarities between its Pokali prospect and WA1 Resource?s (ASX:WA1) West Arunta prospect.
Rincon?s independent study has shown similar geophysical anomaly patterns and geological setting between the two - with Pokali located 87km from West Arunta.
Rincon says it plans to have geologists on-ground at Pokali by the end of the week.
The company?s share price was 27% up at close of market.