Power Minerals to Begin Drilling at Santa Anna Project in Brazil

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

Power Minerals Limited has announced the commencement of a 2,000-meter drilling program at the Santa Anna niobium-rare earths carbonatite project in Goiás State, Brazil. This initiative is part of their due diligence process following a binding letter of intent to acquire the high-grade asset. The project aims to confirm and extend previous mineralized sections and explore new areas, potentially enhancing Power’s position in the clean energy metals sector. The drilling, set to begin shortly, will be conducted by Servitec Foraco Sondagem SA, a leading drilling company in Brazil, and is expected to expedite results, contributing to the company’s strategic growth in the region.

More about PepinNini Minerals Limited

Power Minerals Limited, trading under the ASX code PNN, is a company focused on exploring and developing clean energy metals in South America. The company is involved in strategic critical minerals assets, with a particular focus on niobium and rare earth elements.

YTD Price Performance: -31.52%

Average Trading Volume: 261,991

Technical Sentiment Signal: Sell

Current Market Cap: A$8.02M

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