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WA1 Resources Ltd (ASX:WA1)

ALERT: Price-sensitive ASX Announcement for WA1
Current share price for WA1 : $11.040 0 (0%)+
Announcement
Release
29 Jul 2026 8:23AM
Price at Release
$11.040
Full Release
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Summary
WA1 Resources Ltd has provided new updates on their Luni Niobium Project in Western Australia, highlighting significant drilling results and ongoing project activities. With 90,000 meters of drilling conducted, the project continues to show high-grade niobium mineralisation and continuity. The company is advancing technical workstreams to support future development, with a Pre-Feasibility Study scheduled for release in Q4 2026. Direct flights to the Luni site have enhanced project logistics, and the focus remains on defining a Measured Resource in the eastern area. Future drilling programs are planned to explore deeper mineralisation zones.
Key Points
  • WA1 Resources Ltd provided an update on the Luni Niobium Project in Western Australia.
  • A total of 90,000 meters of drilling has been completed at the Luni Niobium Project.
  • Current site activities are focused on advancing technical workstreams for future development.
  • Pre-Feasibility Study for the project is expected to be released in Q4 CY2026.
  • Drilling results demonstrate high-grade niobium mineralisation and continuity.
  • The project has benefited from improved logistics due to direct flights to Luni.
  • Resource definition drilling is concentrated on the eastern focus area to work towards an initial Measured Resource.
  • The ongoing drill program aims to enhance confidence in the current Mineral Resource Estimate.
  • The company is planning future drilling programs to test primary mineralisation in deeper, unweathered zones.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.