Reach Resources

Latest Assay Results Return Up To 10.3% Niobium At Wabli Creek, Yinnetharra WA

Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to announce the results from its latest sampling program from the rare earth element Wabli Creek pegmatite field at the Company’s 100% owned Wabli Creek Project, Yinnetharra, WA. Additional analysis and preliminary XRD mineralogy was undertaken on samples from the latest program to identify the niobium bearing minerals present within surface rock and eluvial samples collected.


HIGHLIGHTS

  • Spectacular assay results received from the latest surface eluvial and rock samples taken at the Wabli Creek rare element (NYF) pegmatite field have returned high grade niobium of 10.3% Nb2O5 (23RRRK243) and 2.6% Nb2O5 (23RRRK244)*. Additional anomalous rare earth elements (REE) results returned of up to 7082 ppm TREO.
  • Importantly, samples from the latest program were taken up to 400m east of the previously mapped north‐west pegmatite trend spanning ~1.5km, which returned results up to 14.3% Nb2O5, 6.7% Ta2O5, 3689 ppm TREO (ASX Announcement 1 June 2023) (Figure 1).
  • Latest results indicate a potential stacked pegmatite sequence and/or a new niobium/REE mineralisation source.
  • Additionally, several rock chip samples from the current program have returned results enriched in titanium up to a very high grade of 39% TiO2 (23RRRK0304) (Figure 1). The presence of titanium at high grades in conjunction with the niobium/REE results is consistent with other known niobium sources and this type of mineralisation.
  • Based on the exceptional results, Reach have immediately mobilised a team to conduct an ATV assisted grid sampling program to establish the potential for more niobium/REE pegmatites and estimate scale at Wabli Creek.
  • Preliminary XRD mineralogical analyses on a selection of samples by Intertek Laboratories have identified the key niobium bearing mineral to be Columbite with Nioboixiolite/Ixiolite also dominant and accounting for some REE identification. In addition, Rutile and Ilmenite were also present which are known economic titanium minerals.
  • Columbite is a key niobium bearing mineral in most of the globally significant niobium deposits and producing mines throughout the world, with a very high niobium to tantalum content. Nioboixiolite is another niobium dominant bearing mineral which often brings rare earth element substitution within its chemical formula.
  • The Company has two key areas of focus, the Morrissey Hill Lithium project and now the Wabli Creek Niobium/REE project, Yinnetharra, WA.
  • Soil sample results from the Bonzer pegmatite field at the Company’s Morrissey Hill lithium project are expected in the coming weeks.

Figure 1: Wabli Creek Pegmatite Field

High grade niobium and heavy rare earth elements (HREE) are associated with a rare element pegmatite field displaying the geochemical signature of a niobium, yttrium, fluorine (NYF) hard rock pegmatite. (ASX Announcement – 1 June 2023).

To gain a greater understanding of mineral composition present within the samples and their source rock, the Company engaged Intertek laboratories and a selection of samples from the current program were analysed by XRD analysis. The identification of these niobium minerals from samples collected up to 400 metres away from results announced by the Company on 1 June 2023, gives the Company further confidence that the high‐grade niobium is more widespread than previously thought and importantly that we may be dealing with a significant niobium source.

CEO Jeremy Bower said:

“The identification of more high‐grade niobium and REE on the east side of the creek and up to 400 metres away from our last sampling program indicates we may be looking at an additional source of mineralisation. The confirmation of columbite as the major niobium mineral at Wabli Creek is exciting news for the Company and clearly distinguishes two key areas of focus moving forward, our Morrissey Hill Lithium project and our Wabli Creek niobium/REE element project, both in the Yinnetharra district of WA.

We have a team in the field completing detailed geochemical soil and additional rock chip sampling over the entire tenement package and expect in excess of 4,500 samples at the laboratory over the following months. These results will give us a more complete picture of what we are dealing with at each of our projects and importantly our areas of focus for upcoming drilling. The Future is within Reach”.


Click here for the full ASX Release

This article includes content from Reach Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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