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PepinNini Minerals Limited ( (AU:PNN) ) has issued an update.
Power Minerals Limited has amended a previous announcement regarding its Gamma Rare Earths-Uranium Project in California by retracting historical exploration results that were not compliant with JORC 2012 standards. The company has completed its first-phase sampling program at the project site, which includes geological reconnaissance and the collection of rock and stream sediment samples. These samples have been sent for analysis, with results expected in December 2025. The project, which has not seen modern exploration, presents significant potential for leveraging historic high-grade results, and Power Minerals has identified 15 of 18 historic drilling sites for future exploration.
The most recent analyst rating on (AU:PNN) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on PepinNini Minerals Limited stock, see the AU:PNN Stock Forecast page.
More about PepinNini Minerals Limited
Power Minerals Limited is a company operating in the mining industry, with a focus on rare earth elements and uranium projects. The company is involved in exploration and development activities, particularly in the San Bernardino district of California, USA, which is known for its mining-supportive environment.
Average Trading Volume: 4,587,552
Technical Sentiment Signal: Hold
Current Market Cap: A$30.18M
See more data about PNN stock on TipRanks’ Stock Analysis page.