Shares in WA1 Resources (ASX:WA1) saw a leap of up to 5.5% to reach A$5.550, marking their most successful day since September 6 if current gains maintain.

The mineral exploration company discovered high-grade niobium mineralisation at its Western Australia-based West Arunta project.

The shares peaked at their highest level since September 11.

The stock of WA1 Resources has risen a remarkable 277.1% Year-to-Date as of its last closing.

WA1 Resources is a mineral exploration company that carries out exploration in its West Arunta project in Western Australia.