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PepinNini Minerals Limited ( (AU:PNN) ) has provided an announcement.
Power Minerals Limited has completed its initial geological reconnaissance and sampling at the Gamma Rare Earths-Uranium Project in California. The project, located near the only rare earth asset in production in the US, shows promising high-grade rare earth and uranium results from historic samples. The company plans to conduct further exploration, including detailed geophysics, to assess the mineralization potential. This development could enhance Power Minerals’ positioning in the rare earths market, offering significant exploration and discovery potential in a historically underexplored area.
More about PepinNini Minerals Limited
Power Minerals Limited, trading under the ASX code PNN, operates in the mining industry with a focus on rare earth elements and uranium. The company is involved in exploration projects, particularly in regions known for their mineral potential, such as the San Bernardino district in California, USA.
Average Trading Volume: 3,765,685
Technical Sentiment Signal: Hold
Current Market Cap: A$27.67M
For a thorough assessment of PNN stock, go to TipRanks’ Stock Analysis page.