Encounter Resources Delivers Highest-Grade Niobium Intersection to Date at Western Australia Deposit
MT Newswires Live
1 hour ago
Encounter Resources (ASX:ENR) delivered the highest-grade niobium intersection to date at the Green deposit, within the Aileron project in Western Australia, according to a Thursday filing with the Australian bourse.
Drilling returned 51 meters at 5% niobium pentoxide from a depth of 63 meters, which includes a high-grade zone of 13 meters at 10% niobium pentoxide, located outside the existing mineral resource estimate boundary for the deposit, the filing said.
Three rigs are currently on site, with a pipeline of results through the remainder of the year and into 2027, per the filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.