Power Minerals Relaunches High-Potential Santa Inés Copper-Gold Project in Argentina

PepinNini Minerals Limited ( (AU:PNN) ) has shared an update.

Power Minerals Limited has announced the strategic relaunch of its 100%-owned Santa Inés copper-gold project in Salta Province, Argentina, after regaining full control of the asset. The company plans to recommence exploration to capitalise on current strength in copper and gold markets by integrating high-grade surface rock chip results, successful shallow drilling data and existing geophysical surveys to refine a deep-exploration strategy. Initial drilling, which intercepted mineralisation in all holes to a maximum depth of only 130 metres, together with high-grade surface mineralisation and geophysical indications of a potentially extensive system from around 600 metres depth, suggests Santa Inés could host a large-scale porphyry-epithermal style deposit. Situated along the Archibarca mega-lineament that also hosts major operations such as BHP’s Escondida mine and Fortuna’s Lindero gold mine, the project’s relaunch underscores Power Minerals’ ambition to unlock significant value and strengthen its position in the competitive copper-gold exploration space.

The most recent analyst rating on (AU:PNN) stock is a Hold with a A$0.13 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 an ASX-listed resources company focused on mineral exploration and development, with a portfolio that includes copper and gold assets in Argentina’s highly prospective Puna region. The company targets high-potential, large-scale mineral systems, positioning itself to benefit from strong global demand for critical and precious metals such as copper and gold.

Average Trading Volume: 2,749,361

Technical Sentiment Signal: Buy

Current Market Cap: A$35.75M

For detailed information about PNN stock, go to TipRanks’ Stock Analysis page.