Santa Anna Niobium & Rare Earths Project

Santa Anna Niobium-REE-Gallium Project, Brazil

Power’s Santa Anna Project is a high-grade, drill-ready niobium and rare earth element (REE) gallium carbonatite-hosted asset located in Goiás State, central Brazil. Power has successfully completed due diligence and is proceeding with the acquisition of the Project under a Definitive Acquisition Agreement with vendor and strategic partner, EDEM.

The Santa Anna Alkaline Complex spans 17.05km², covering the entire geophysical anomaly, and represents a district-scale exploration opportunity. Drilling to date has confirmed broad zones of niobium and high-grade REE mineralisation from surface and at depth, alongside exceptionally high gallium grades. Highlight results include niobium up to 33,600ppm (3.36%) Nb₂O₅ and rare earths up to 35,473ppm (3.55%) TREO, with more recent drilling intersecting REE grades up to 43,385ppm (4.34%) TREO.

~90% of the carbonatite complex remains untested by drilling, significantly enhancing the Project’s expansion potential. Power has commenced a second-phase auger and RC drilling program designed to extend the mineralised footprint east and south-east of initial drilling, test depth potential in fresh rock, and provide data to underpin an Exploration Target and maiden JORC Mineral Resource Estimate.

The Project also hosts a weathered, clay-rich saprolite zone with potential for ionic adsorption clay (IAC)-style REE mineralisation, providing a possible pathway to low-cost extraction.

Strategically located 40km north of Nova Crixás and 335km north-west of Brasília, Santa Anna benefits from sealed road access via Highway GO-156, proximity to power infrastructure, flat cleared farmland, and strong community support.

With due diligence now complete and drilling ongoing, Santa Anna is emerging as a potentially world-class niobium-REE-gallium project in one of the world’s most important critical minerals regions.