BMG acquires option over niobium/REE project

ASX-listed BMG Resources has acquired an exclusive option for a 90% interest in three exploration licences located in a region of Western Austarlia where niobium and rare earth element (REE) tenure is highly sought after. The tenements under option – to be called BMG’s Dragon niobium-REE project – include ground that abuts the tenure for the West Arunta project of WA1 Resources, where it has made the world-class Luni niobium-REE discovery.