Encounter Resources Intersects Enriched Niobium Oxide Mineralisation

THE DRILL SERGEANT: Encounter Resources (ASX: ENR) reported on exploration progress the company has made across multiple targets at its 100 per cent-owned Aileron project in the West Arunta region of Western Australia.

Encounter Resources explained it has adopted a drilling strategy of using low cost, fast moving aircore drilling to rapidly provide a broad outline of the potential for shallow, high-grade niobium mineralisation across key target areas within its tenement holdings.

The company scored its best niobium intercept to date at the Emily target, situated on a north-west structural trend adjacent to WA1 Resources’ Luni discovery of 23 metres at 4.2 per cent niobium from 40m to end of hole.

At the Green target, Encounter drilled its first RC holes, confirming the regolith profile and niobium oxide mineralisation extend beyond the depth of the first pass aircore drilling.

First RC assays expected November 2024.

“It is encouraging to intersect spectacular niobium grades in aircore drilling at Emily to complement similar previous results at Green and Crean,” Encounter Resources executive chairman Will Robinson said in the company’s ASX announcement.

“We have now transitioned to follow-up RC drilling, which is demonstrating that high-grade niobium oxide mineralisation is extending beyond the depths initially indicated by aircore drilling at Green.

“Assay results from the RC drilling at Green and Crean, through the better mineralised parts of these systems, are expected from November through until the March quarter 2025.”

 

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