{"id":8748,"date":"2024-04-24T01:51:10","date_gmt":"2024-04-24T01:51:10","guid":{"rendered":"https:\/\/economicherald.net\/?p=8748"},"modified":"2024-04-24T01:51:10","modified_gmt":"2024-04-24T01:51:10","slug":"access-granted-wa1-neighbour-lycaon-is-about-to-punch-holes-into-the-stansmore-niobium-ree-project","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=8748","title":{"rendered":"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project"},"content":{"rendered":"<p>\u2018Consent to mine\u2019 received from Minister of Mines and Petroleum received over Lycoan\u2019s Stansmore project in the West Arunta<br \/>\nPaves way for exploration programs to commence including, heritage surveys, gravity survey and drilling<br \/>\nApplication to conduct helicopter-assisted drilling submitted<br \/>\nWest Arunta is highly-prospective for niobium-REE mineralisation<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em><\/strong><strong>: A program of works (PoW) has been lodged for helicopter-assisted drilling of Lycaon Resources\u2019 Stansmore niobium-REE project in West Arunta after receiving crucial \u2018consent to mine\u2019 from WA\u2019s Minister for Mines and Petroleum.<\/strong><\/p>\n<p>The West Arunta region is shaping up as one of WA\u2019s hottest critical regions after explorer\/ developer <a href=\"https:\/\/stockhead.com.au\/company\/wa1-resources-wa1\/\"><strong>WA1 Resources (ASX:WA1)<\/strong><\/a> shocked the world with impressive grades of niobium and rare earths in 2022.<\/p>\n<p>Just 90km from <a href=\"https:\/\/stockhead.com.au\/company\/lycaon-resources-lyn\/\"><strong>Lycaon Resources\u2019 (ASX:LYN)<\/strong><\/a> Stansmore, WA1 continues to deliver standout niobium results \u2013 a highly sought after element used in jet engines, rockets, steel reinforcement and oil and gas pipelines \u2013 including an intersection of 30m @ 4.7%.<\/p>\n<p>This is super high grade stuff. For reference, there are three major niobium mines in the world; two are very high grade (between 1% and 2.5% ore grade), while the third sits at around 0.5%.<\/p>\n<p>LYN itself has identified a carbonatite target that contains a 700m long magnetic feature analogous to WA1\u2019s discoveries and is now gearing up for some intensive exploration work.<\/p>\n<p>\u00a0<\/p>\n<p>The Stansmore target and surrounding niobium-REE projects. Pic supplied: (LYN)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>Keys to exploration received<\/strong><\/h2>\n<p>Land access in the West Arunta is different to the rest of WA, as the area is an \u2018exclusive\u2019 Aboriginal Land Reserve and requires extra steps compared to approval on crown land and normal native title processes.<\/p>\n<p>The now granted \u2018consent to mine\u2019 is the last land access hurdle for LYN before exploration work can commence and comes on the back of a <a href=\"https:\/\/stockhead.com.au\/resources\/lycaon-on-the-road-to-drill-stansmore-niobium-rare-earths-project-in-red-hot-west-arunta\/\"><strong>crucial approval received from the Minister for Aboriginal Affairs<\/strong><\/a> for an entry permit to carry out exploration at Stansmore, which lies within the Ngaanyatjarra Central Australia Reserve.<\/p>\n<p>\u201cFurther to the recent approval from the Minister for Aboriginal Affairs, it is pleasing to have received the \u2018Consent to Mine\u2019 from the Minister for Mines and Petroleum which now allows us to carry out exploration work programs and organise the necessary heritage clearances ahead of drilling targeted for mid-year,\u201d LYN technical director Thomas Langley says.<\/p>\n<p>\u201cThe West Arunta is one of the last frontiers for major critical mineral and copper-gold (IOCG) discoveries in Australia.<\/p>\n<p>\u201cThe identification of Niobium and Rare Earth mineralisation associated with carbonatite intrusions by WA1 Resources and Encounter Resources nearby in their first ever drill programs signifies the extremely prospective and underexplored nature of the West Arunta.<\/p>\n<p>\u201cWe are extremely excited to get our maiden drilling program underway as soon as possible.\u201d<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Next steps<\/strong><\/h2>\n<p>A drilling program of work (PoW) has been lodged with DEMIRS to allow for drilling to occur pending positive heritage clearances.<\/p>\n<p>The heritage surveys are currently being planned with the Central Desert Native Title Services for late May.<\/p>\n<p>Exploration programs getting ready to commence including gravity surveys and helicopter-assisted maiden drilling.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article was developed in collaboration with Lycaon Resources, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/access-granted-wa1-neighbour-lycaon-is-about-to-punch-holes-into-the-stansmore-niobium-ree-project\/\">Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u2018Consent to mine\u2019 received from Minister of Mines and Petroleum received over Lycoan\u2019s Stansmore project in the West Arunta Paves way for exploration programs to <a href=\"https:\/\/economicherald.net\/?p=8748\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":8749,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=8748\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"\u2018Consent to mine\u2019 received from Minister of Mines and Petroleum received over Lycoan\u2019s Stansmore project in the West Arunta Paves way for exploration programs to [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=8748\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-24T01:51:10+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project\",\"datePublished\":\"2024-04-24T01:51:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748\"},\"wordCount\":570,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/break-through-punch-wall-S9pga0.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=8748\",\"name\":\"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/break-through-punch-wall-S9pga0.jpeg\",\"datePublished\":\"2024-04-24T01:51:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=8748\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/break-through-punch-wall-S9pga0.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/break-through-punch-wall-S9pga0.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=8748#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=8748","og_locale":"en_US","og_type":"article","og_title":"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project - Economic Herald","og_description":"\u2018Consent to mine\u2019 received from Minister of Mines and Petroleum received over Lycoan\u2019s Stansmore project in the West Arunta Paves way for exploration programs to [more...]","og_url":"https:\/\/economicherald.net\/?p=8748","og_site_name":"Economic Herald","article_published_time":"2024-04-24T01:51:10+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=8748#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=8748"},"author":{"name":"","@id":""},"headline":"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project","datePublished":"2024-04-24T01:51:10+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=8748"},"wordCount":570,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=8748#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/04\/break-through-punch-wall-S9pga0.jpeg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=8748","url":"https:\/\/economicherald.net\/?p=8748","name":"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=8748#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=8748#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/04\/break-through-punch-wall-S9pga0.jpeg","datePublished":"2024-04-24T01:51:10+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=8748#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=8748"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=8748#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/04\/break-through-punch-wall-S9pga0.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/04\/break-through-punch-wall-S9pga0.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=8748#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Access granted: WA1 neighbour Lycaon is about to punch holes into the Stansmore niobium-REE project"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/8748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8748"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/8748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/8749"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}