PepinNini Minerals Limited ( (AU:PNN) ) just unveiled an update.
Power Minerals Limited has announced the identification of significant rare earth elements (REE) potential at the Santa Anna niobium carbonatite project in Goiás State, Brazil. The company has signed a binding letter of intent for an exclusive option to acquire the project, which is expected to enhance its position as a clean energy metals explorer. The project has shown promising drilling results, indicating the presence of REE mineralization from surface to end-of-hole depth. If the acquisition is completed, it will provide Power Minerals with a substantial alkaline complex, offering opportunities for further REE and niobium discoveries, potentially improving the economic viability of future mining operations.
More about PepinNini Minerals Limited
Power Minerals Limited is a company focused on exploring and developing clean energy metals, particularly in South America. The company is involved in the exploration of strategic critical minerals assets, including niobium and rare earth elements (REEs), which are essential for various high-tech and clean energy applications.
Technical Sentiment Signal: Buy
Current Market Cap: $5.09M
For an in-depth examination of PNN stock, go to TipRanks’ Stock Analysis page.