WA1 Resources (ASX:WA1) achieved high-recovery rates from metallurgical testing of samples sourced from the Luni area within the West Arunta project in Western Australia, according to a Monday filing with the Australian bourse.
The program tested three drill holes covering 400 meters of strike length, yielding a locked cycle concentrate of 50% niobium pentoxide at a 58% recovery rate, the filing said.
The company's shares rose almost 3% in recent Monday trade.
Price (AUD): $13.84, Change: $+0.34, Percent Change: +2.52%
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