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PepinNini Minerals Limited ( (AU:PNN) ) has issued an announcement.
Power Minerals Limited has announced promising results from its initial drilling at the Santa Anna Project in Brazil, revealing significant niobium and rare earth element mineralization at depth. The first drill hole, MN-RC-028, intersected multiple zones of strong mineralization, suggesting substantial expansion potential for the project. With 89.3% of the Santa Anna Alkaline Complex yet to be drill tested, the project holds considerable promise for a significant Mineral Resource Estimate, enhancing Power Minerals’ position in the market and offering potential benefits for stakeholders.
More about PepinNini Minerals Limited
Power Minerals Limited, trading under the ASX code PNN, operates in the mining industry with a focus on the exploration and development of mineral resources. The company is involved in the extraction of niobium, rare earth elements (REE), and gallium, primarily targeting the Santa Anna Project in Brazil.
Average Trading Volume: 686,560
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$8.08M
Find detailed analytics on PNN stock on TipRanks’ Stock Analysis page.