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An announcement from PepinNini Minerals Limited ( (AU:PNN) ) is now available.
Power Minerals Limited has commenced the second phase of drilling at its Santa Anna project in Brazil, focusing on expanding the mineralized footprint of niobium and high-grade rare earth elements. This phase involves a 1,000-meter auger drill program aimed at exploring untested areas of the Santa Anna Alkaline Complex, with the potential to significantly enhance the project’s scale and resource estimates. The drilling is part of Power’s due diligence for a potential acquisition of the project, highlighting its strategic interest in expanding its mineral resource base.
More about PepinNini Minerals Limited
Power Minerals Limited, listed on the ASX under the code PNN, operates in the mining industry with a focus on mineral exploration and development. The company is involved in projects targeting niobium, rare earth elements (REE), and gallium, particularly in the Santa Anna project located in Brazil.
Average Trading Volume: 820,016
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$11.26M
See more data about PNN stock on TipRanks’ Stock Analysis page.