Power Minerals Advances Maiden Drilling at Morro do Ferro Rare Earth Project
Power Minerals Limited (ASX: PNN) has provided an update on exploration activities at its Morro do Ferro Rare Earths Project in Minas Gerais, Brazil, where the maiden diamond drilling programme continues to progress. The Company has successfully completed the first two HQ triple-tube drillholes and is advancing a third hole as part of its broader drilling campaign designed to support a JORC 2012 Mineral Resource Estimate. The initial drill core has been submitted to SGS Geosol for laboratory analysis, with the first assay results anticipated within the next two to three weeks. To date, drilling has delivered 487.8 metres of recovered core with an average recovery of 94.5%, providing quality material for geological and metallurgical assessment. In parallel, Power has completed a drone-based geophysical survey across the Manifestos de Mina area, generating digital elevation, magnetic and radiometric datasets to strengthen geological modelling. A second drill rig is expected to arrive shortly, enabling the Company to accelerate drilling activities as it continues advancing exploration across the Morro do Ferro Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Power Minerals Advances Maiden Drilling at Morro do Ferro Rare Earth Project
Power Minerals Limited (ASX: PNN) has provided an update on exploration activities at its Morro do Ferro Rare Earths Project in Minas Gerais, Brazil, where the maiden diamond drilling programme continues to progress. The Company has successfully completed the first two HQ triple-tube drillholes and is advancing a third hole as part of its broader drilling campaign designed to support a JORC 2012 Mineral Resource Estimate. The initial drill core has been submitted to SGS Geosol for laboratory analysis, with the first assay results anticipated within the next two to three weeks. To date, drilling has delivered 487.8 metres of recovered core with an average recovery of 94.5%, providing quality material for geological and metallurgical assessment. In parallel, Power has completed a drone-based geophysical survey across the Manifestos de Mina area, generating digital elevation, magnetic and radiometric datasets to strengthen geological modelling. A second drill rig is expected to arrive shortly, enabling the Company to accelerate drilling activities as it continues advancing exploration across the Morro do Ferro Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au