Encounter is uncovering a significant rare earth find at Green.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Encounter Resources (ASX:ENR) has successfully extended high-grade niobium mineralisation at the Green prospect in Western Australia to more than four kilometres of strike as it continues CY26 drilling.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Step out drilling Green, within the Aileron project, has identified high-grade mineralisation up to 1,000 metres east of the current mineral resource estimate.

Drilling on the eastern side of Green continues to intersect rare earth element-dominant mineralisation. “High-grade niobium mineralisation has now been intersected on 20 drill sections at Green with the body of mineralisation extending over 4km in strike,” Encounter’s executive chairman, Will Robinson, confirmed.

“The initial MRE, released in May 2025, covered the western part of the system based on drilling completed December 2024. An updated MRE is planned in the coming months incorporating the 2025 drilling.”

Encounter is accelerating activities at the prospect with metallurgical test work at Green, focusing onthe south-west and central areas where drilling has already shown consistent, thick high-grade zones of mineralisation. The company is also undertaking studies to accelerate project development plans.

“The additional REE results continue to support the potential for significant value-adding to the Green niobium deposit from these critical minerals,” Mr Robinson said.

He added: “The drilling at Green is still very broad, with drill sections 200m apart. The next phase of drilling at Green will close the drill spacing the [sic] define the highest-grade parts of the system. Field activity is commencing in coming weeks with infill drilling at Green to be underway at the start of April.”

An updated resource estimate is on track for release in Q2, while the first phase of specific REE targeted drilling scheduled to wrap up this year.

ENR is steady at 5.9c today.

Join the discussion: See what HotCopper users are saying about Encounter Resources Ltd and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

enr by the numbers
More From The Market Online

‘Another encouraging step’: Catalina strikes at Viper prospect at Central Yilgarn

Catalina Resources is waiting on assays from drilling at the Viper prospect in the Central Yilgarn…

Brazilian Rare Earths says Monte Alto discovery ‘world class’

Brazilian Rare Earths has made further discoveries at growing Monte Alto rare earths project in Bahia,…
The Market Online Video

Prospect Resources on ‘the copper capital of Africa’ and the tier-one mining potential in Zambia

Prospect Resources joins HotCopper to talk about why it's been looking into the underlying geology at…
The Market Online Video

Money and Investing: Trump policy and market impact explained

This week on Money and Investing, Mitch Olarenshaw and I break down how Trump’s second presidency is shaping global markets, currencies, and key