High-grade rare earth and niobium put Power Minerals’ Brazilian play on path to resource
Special Report: Power Minerals has reported more high-grade niobium and rare earths at its Santa Anna project in Brazil, bolstering the project’s resource potential.
The company finalised its acquisition of the project earlier this week, cementing its position as an emerging South America-focused clean energy metals explorer and developer.
Historical results have highlighted the project’s expansion potential at depth, and now these latest assays from 1000m auger drilling targeting the top 15m have returned multiple high-grade results, including:
16m at 4462ppm TREO surface to End of Hole (EOH); including 2m at 12,261ppm (or 1.23%) TREO from 1m (MN-TM020)
15m at 5686ppm TREO from surface to EOH, including 7m at 8429ppm TREO from 1m, and 2m at 13,034ppm (or 1.30%) TREO from 1m (MN-TM-021)
18.5m at 4398 ppm TREO from surface to EOH, including 3m at 12,297ppm (or 1.23%) TREO from 9m (MN-TM-022); and
7m at 2221ppm Nb2O5 from 5m, including 2m at 3226ppm Nb2O5 from 9m (MN-TM-022).
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