Pinnacle Minerals Limited (AU:PIM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Pinnacle Minerals Ltd has announced promising results from its first-pass investigation at the Wirrulla Project in South Australia, revealing significant and shallow rare earth element (REE) mineralization. The company reported high concentrations of Total Rare Earth Element Oxide (TREO) along a 3.5-km trend within the Narlaby Palaeochannel, which could indicate the potential for economically valuable REE deposits. These findings have bolstered Pinnacle’s confidence in further exploring the area for REE-bearing minerals.
For further insights into AU:PIM stock, check out TipRanks’ Stock Analysis page.