PepinNini Minerals Limited (AU:PNN) has released an update.
Power Minerals Limited is expanding its portfolio with the strategic acquisition of the Lítio Project in Brazil, a promising area for niobium, rare earth elements, and lithium, located adjacent to Summit Minerals’ high-grade Equador Niobium Project. The company is fast-tracking exploration efforts with the aim of beginning drilling in 2024 and is also working to monetize its non-core Australian assets. This move solidifies Power’s focus on becoming a key player in South American mineral exploration and development.
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