WA1 Resources

WA1 Resources Ltd. is an Australian mining exploration company driving one of the country’s most exciting mineral projects—the West Arunta Project, located in Western Australia. The project features the Luni niobium deposit, a rare and highly valuable discovery that positions WA1 as a leader in the supply of niobium, a critical mineral essential for high-strength, lightweight alloys and a variety of high-tech applications. Since the discovery of Luni in 2022, WA1 has rapidly advanced its exploration efforts, resulting in a significant mineral resource estimate, establishing Luni as one of the world’s largest and highest-grade undeveloped niobium deposits.

WA1 Resources is uniquely positioned with full ownership of this resource, leveraging extensive expertise in mineral-rich carbonatite deposits to maximize development potential. With a committed management team, substantial cash reserves, and the support of long-term institutional investors, WA1 Resources is focused on unlocking the value of the West Arunta Project through targeted drilling, metallurgical testing, and progressive environmental and community engagement initiatives.

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WA1 Resources presents a compelling investment opportunity through its West Arunta Project, a groundbreaking niobium discovery in a strategically advantageous location. As one of the most significant niobium deposits globally, the Luni resource offers substantial potential for a long-term, high-margin operation. Current estimates indicate an inferred mineral resource of 200 million tonnes with an average grade of 1.0% Nb₂O₅, which includes a high-grade subset at 2.1% Nb₂O₅, marking it as one of the highest-grade deposits available for future extraction.

The company is advancing this resource with a focus on low-cost open-pit mining, leveraging favorable geologic characteristics and existing project infrastructure. Additionally, WA1’s strategic marketing of niobium aims to meet rising global demand for this critical mineral, especially within the high-tech and automotive sectors. Situated within a stable jurisdiction and backed by robust financial and operational planning, WA1 Resources is well-positioned to deliver significant value to shareholders while addressing global supply chain needs for essential critical minerals.

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WA1 Resources Ltd. is led by a seasoned management team with extensive expertise across mining exploration, project development, and regulatory engagement. At the helm is Managing Director Paul Savich, who brings a strong background in project generation and mining operations, with notable experience advancing mineral projects through to detailed engineering and permitting stages. Tom Lyons, Executive Director, has over a decade of experience in mineral exploration and feasibility studies, specifically in Western Australia, where he has overseen various critical mineral projects.

Supporting the company's strategic initiatives is Project Director David English, whose 30-year career spans operational and project development across a range of commodities. Leading the technical team is Roy Gordon, Metallurgical Manager, known for developing innovative process flowsheets tailored to critical mineral projects. 

Together, this executive team and board bring the expertise necessary to drive WA1 Resources’ West Arunta Project toward successful development and long-term operational excellence.

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WA1 Resources is executing a focused growth strategy centered on advancing the West Arunta Project from exploration to development, with a vision of establishing a high-grade, sustainable niobium operation. Key activities underway include detailed resource drilling to increase resource confidence, beneficiation testwork, and engineering studies designed to optimize project economics. WA1 is strategically progressing through the permitting and community consultation phases, ensuring alignment with both local and regulatory expectations.

Central to WA1’s growth strategy is a commitment to environmental stewardship and community engagement, working closely with native title groups and local stakeholders to build long-term partnerships. The company is also pursuing renewable energy solutions, with initial assessments of wind and solar resources to support a low-carbon power strategy. Additionally, WA1 is evaluating multiple infrastructure and transport options to efficiently support future operations.

WA1 Resources continues to advance its technical and economic studies to position Luni as a globally significant niobium project. With its strong financial position and dedicated team, the company is well-placed to capitalize on the growing demand for niobium and to deliver substantial value to investors.

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As of 2024, WA1 Resources Ltd. is financially well-positioned to advance its flagship West Arunta Project, supported by a robust cash balance of approximately A$100 million. This solid financial foundation, coupled with strategic backing from long-term institutional investors, enables WA1 to fund ongoing exploration, resource development, and initial engineering studies without the need for immediate external financing. The company's capital structure also includes a strong shareholder base, which underscores investor confidence in the long-term potential of the Luni niobium deposit.

WA1’s financial strategy is designed to maximize capital efficiency through the integration of innovative, cost-effective resource development processes. The company’s focus on high-grade, shallow niobium mineralization at Luni aligns with a low-cost open-pit mining model, significantly reducing projected capital expenditures relative to traditional deep-mining operations. WA1’s cash reserves are allocated to support a disciplined approach to growth, with investments in project infrastructure, advanced metallurgical testwork, and comprehensive environmental and social studies—all aimed at de-risking the project and enhancing its economic profile.

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WA1 Resources Ltd. is poised to become a major player in the global niobium market with its flagship West Arunta Project, home to the world-class Luni niobium deposit. As one of the highest-grade niobium discoveries in decades, Luni represents a unique, high-margin resource with significant long-term potential. Through a disciplined approach to project development, a low-cost open-pit mining model, and a commitment to environmental stewardship, WA1 is positioned to capitalize on growing demand for niobium in sectors such as high-strength steel, automotive, and advanced technology.

Led by an experienced management team and backed by a strong financial foundation, WA1 Resources is advancing the West Arunta Project toward full-scale development. The company’s proactive engagement with local stakeholders and commitment to sustainable practices further enhance its profile as a responsible operator in the critical minerals sector.

For investors seeking exposure to a high-quality, de-risked mineral asset in a stable jurisdiction, WA1 Resources offers a compelling opportunity. With the project moving steadily through exploration, permitting, and technical studies, WA1 is well on its way to unlocking substantial value at the West Arunta Project and establishing itself as a reliable, strategic supplier of niobium for global markets.

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