Luni Niobium Project - Assay Results

• Continuous high-grade niobium mineralisation confirmed in Luni's eastern zone
• Key intersections include LUDD-0188 with 21.5m at 3.4% Nb2O5 and LUDD-0195 with 35.2m at 4.8% Nb2O5
• MRE update targeting initial Measured Resource expected in Q1 CY2027
• Pre-Feasibility Study (PFS) on track for completion this quarter

WA1 Resources Ltd (ASX: WA1) has announced further high-grade niobium intersections from infill drilling at its 100% owned Luni Niobium Project in Western Australia. The drilling continues to confirm the coherent, continuous, and high-grade niobium mineralisation within the key eastern focus zone. Notable intersections include LUDD-0188 with 21.5m at 3.4% Nb2O5 and LUDD-0195 with 35.2m at 4.8% Nb2O5. These results are set to inform an upcoming Mineral Resource Estimate (MRE) update planned for Q1 CY2027, which will target the conversion of key high-grade zones into the Measured category. The Pre-Feasibility Study (PFS) remains on track for completion this quarter and is expected to represent a major step in defining Luni's development pathway and opportunity.

The company anticipates a Mineral Resource Estimate update in Q1 CY2027, targeting an initial Measured Resource component. The Pre-Feasibility Study remains on track for completion this quarter.