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Power Minerals to Acquire Santa Anna Project, Boosting South American Clean Energy Focus

Story Highlights
  • Power Minerals to acquire Santa Anna Project, enhancing its South American clean energy focus.
  • Initial drilling confirms significant niobium and REE mineralization, highlighting expansion potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Power Minerals to Acquire Santa Anna Project, Boosting South American Clean Energy Focus

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The latest update is out from PepinNini Minerals Limited ( (AU:PNN) ).

Power Minerals Limited has completed due diligence and will proceed with acquiring the Santa Anna Niobium-REE-Gallium Project in Goiás State, Brazil. This acquisition enhances Power’s position as a South American-focused clean energy metals explorer and developer. The initial drilling program confirmed significant niobium and REE mineralization, validating Power’s exploration model and highlighting the project’s expansion potential. With nearly 90% of the Alkaline Complex surface area untested, the project presents a significant exploration opportunity. The acquisition is expected to be finalized soon, with a Phase 2 drilling program already underway to extend the project’s mineralized footprint.

More about PepinNini Minerals Limited

Power Minerals Limited is a company focused on the exploration and development of clean energy metals, with a particular emphasis on strategic critical minerals in South America.

YTD Price Performance: -27.17%

Average Trading Volume: 970,993

Technical Sentiment Signal: Sell

Current Market Cap: A$11.5M

Learn more about PNN stock on TipRanks’ Stock Analysis page.

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