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PepinNini Minerals Limited ( (AU:PNN) ) has shared an update.
Power Minerals Limited has announced further high-grade results from its auger drilling program at the Santa Anna Project in Brazil, highlighting the significant potential of the niobium and REE-rich phases of the carbonatite complex. The ongoing drilling has confirmed the scale of the near-surface weathered zone, enhancing the project’s resource potential and positioning Power Minerals to deliver its first Mineral Resource Estimate for the complex in early 2026. This development is expected to extend the mineralized footprint and strengthen the company’s position in the critical minerals market.
The most recent analyst rating on (AU:PNN) stock is a Hold with a A$0.09 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, trading under the ASX code PNN, operates in the mining industry with a focus on exploring and developing critical mineral resources. The company is currently engaged in a high-grade niobium and rare earth elements (REE) exploration project at the Santa Anna carbonatite complex in Brazil’s Goiás State, representing a significant opportunity in the critical minerals sector.
Average Trading Volume: 4,370,036
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$22.13M
See more insights into PNN stock on TipRanks’ Stock Analysis page.