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Nióbio Niobium Project

Nióbio Niobium Project

Power's Nióbio Project comprises three permits totalling 27km², strategically positioned adjacent to Summit Minerals’ (ASX:SUM) Equador Niobium Project in Brazil, along interpreted strike extensions.

The project is considered highly prospective for niobium, rare earth (REE) and lithium. Located within Brazil's Borborema Pegmatitic Province, it spans the central east and south of Rio Grande do Norte and northeast of Paraíba.

The Borborema Province, a product of Gondwana's amalgamation in the Neoproterozoic era, hosts pegmatite domains dating back to the Brasiliano cycle (500-450 Ma). Encompassing an area of 75km by 150km across Rio Grande do Norte and Paraíba, the province features mineralised deposits of tantalum-niobium, beryllium, tin, and lithium.

The Project is well located near existing infrastructure, with direct access to energy and water. It is conveniently linked to a major local highway, offering direct road access just 20km away.

Power has commenced a systematic sampling program, which involves conducting additional outcrop rock chip and stream samples across the project area. These samples will used to prioritise targets and determine the most prospective areas for drilling.