WA1 Resources (ASX:WA1) hit niobium from a resource definition and extensional drill program at the West Arunta project in Western Australia, according to a Monday filing with the Australian bourse.
The program completed 50,000 meters with the most recent results yielding up to 5 meters at 7.5% niobium pentoxide from 82 meters, the filing said.
The company's shares rose past 3% in recent Monday trade.