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PepinNini Minerals Limited ( (AU:PNN) ) has issued an update.
Power Minerals Limited has announced the commencement of a Mineral Resource expansion program at its Rincon Lithium Project in Argentina. This initiative involves extensive geophysical surveys to enhance understanding of the lithium-bearing brine basin, aiming to support future resource growth and reserve conversion. The project is strategically located near existing lithium-producing operations, highlighting its potential for successful commercial production. The program will integrate various datasets into a 3D model to aid future resource estimation and environmental permitting, positioning Power Minerals for future development and expansion in the lithium market.
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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is particularly involved in lithium projects, with a significant emphasis on the Rincon Lithium Project in Salta, Argentina. Power Minerals aims to expand its mineral resource base and enhance its market position in the lithium sector.
Average Trading Volume: 4,733,798
Technical Sentiment Signal: Sell
Current Market Cap: A$25.3M
Learn more about PNN stock on TipRanks’ Stock Analysis page.