Summit Minerals announced further high-grade niobium and tantalum assay results from its Equador Niobium and Rare Earth Elements Project in Brazil.
The second set of rock chip assay results solidified the project's potential, with assay highlights including up to 53.07% Nb2O5 and 47.17% Ta2O5.
Summit extended the pegmatite strike zone to approximately 3km based on initial exploration results and visual pegmatite outcrops.
The eastern pegmatites, located in a low-lying area, allow easy access for detailed sampling and testing.
The ongoing exploration program continues to identify new pegmatite outcrop targets, adding to the historic mining workings across the project.