en.Wedoany.com Reported - Australian mining company Lightning Minerals (ASX: L1M) has obtained high-grade tungsten mineralization from initial rock chip sampling at the Warby Project in North Queensland, with tungsten grades reaching up to 4.32%. The company collected 14 rock chip samples from eight individual vein systems within a 2-kilometer-long structural corridor, returning tungsten grades ranging from 750 parts per million (ppm) to over 50,000 ppm.

Notable results include 43,200 ppm tungsten (4.32%) from quartz vein material and 42,900 ppm tungsten (4.29%) from another quartz vein sample. The tungsten mineralization occurs within a northwest-trending structural corridor hosted in the Mesoproterozoic Lyndbrook Complex, adjacent to the Angor Granite.

Chief Executive Officer Troy Brice stated that the initial assay results represent a strong outcome, confirming widespread high-grade tungsten mineralization across multiple historical mining areas, enhancing the company's confidence in the scale and continuity of the mineralization. The company noted that limited outcrop exposure and dense vegetation cover may conceal additional mineralized veins within the broader target area.

Lightning Minerals plans to conduct a follow-up exploration program in the third quarter of 2026, aimed at determining the broader footprint and continuity of tungsten mineralization. Tungsten has been classified as a critical mineral by several Western governments, and recent market commentary has highlighted tightening global supply conditions following export restrictions imposed by China.

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