Summit Minerals Expands High-Grade Niobium Project

Summit Minerals Limited (AU:SUM) has released an update.

Summit Minerals Limited has expanded its Equador Niobium and Tantalum Project with the acquisition of a new strategic tenement, promising high-grade mineralization based on initial due diligence. The move aligns with the company’s focus on fast-tracking an initial drilling program, following a recent capital raise to determine the project’s potential. The overall project development plan includes this new acquisition, which is expected to contribute to Summit’s strategy to increase its holdings in areas of geological significance.

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