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Waterlander Niobium & REE Project

Waterlander Niobium & REE Project

Power’s Waterlander Project, in the West Arunta province of Western Australia, is considered prospective for niobium and rare earth elements (REE). Waterlander is located immediately adjacent to WA1 Resources’ (ASX: WA1) world-class Luni niobium discovery at its West Arunta Project, approximately 420km south of Halls Creek.

Our acquisition of Waterlander provides Power with an early mover advantage, with a strategic landholding in an emerging globally significant niobium exploration precinct.

We plan to commence targeted field work to define drill targets, upon grant of the exploration licence. This will include ground gravity surveys and geophysical (passive seismic) surveys, focusing on focus on niobium-REE targets within the Arunta basement, similar to the carbonatites defined by WA1.

Waterlander Project (E80/6046) location on regional topographic map. Niobium-REE carbonatite targets shown in green circles