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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.