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The latest announcement is out from PepinNini Minerals Limited ( (AU:PNN) ).
Power Minerals Limited has announced significant high-grade rare earth element (REE) intersections from its ongoing auger drilling program at the Santa Anna Project in Brazil. The latest results from the fourth drill hole show REE concentrations as high as 43,385ppm TREO, alongside strong niobium findings. This drilling aims to expand the project’s mineralized footprint, enhancing the potential for a major mineral resource estimate. These developments indicate a promising exploration opportunity in the critical mineral sector, with implications for further strengthening Power Minerals’ position in the market.
More about PepinNini Minerals Limited
Power Minerals Limited, trading under the ASX code PNN, operates in the mining industry with a focus on rare earth elements (REE) and niobium exploration. The company is engaged in the development of the Santa Anna niobium-REE-carbonatite project in Goiás State, Brazil, a region known for its mining-friendly environment.
YTD Price Performance: -22.83%
Average Trading Volume: 973,875
Technical Sentiment Signal: Sell
Current Market Cap: A$12.19M
See more data about PNN stock on TipRanks’ Stock Analysis page.