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The latest announcement is out from PepinNini Minerals Limited ( (AU:PNN) ).
Power Minerals Limited has confirmed the presence of high-grade carbonatite hard rock intrusion at its Santa Anna Project in Brazil, indicating significant potential for rare earth element (REE) mineralization. The ongoing drilling program aims to define a maiden JORC 2012 Mineral Resource Estimate, with the project positioned to become a major player in the ex-China hard-rock critical minerals market. The strategic location, existing infrastructure, and partnership with EDEM, a major bauxite producer, are expected to facilitate fast-tracked regulatory approvals and project delivery.
More about PepinNini Minerals Limited
Power Minerals Limited, trading under the ASX code PNN, operates in the mining industry with a focus on critical minerals. The company is actively involved in the exploration and development of rare earth element (REE) deposits, particularly through its Santa Anna Project in Goiás State, Brazil.
YTD Price Performance: 1.09%
Average Trading Volume: 1,525,831
Technical Sentiment Signal: Sell
Current Market Cap: A$15.96M
For an in-depth examination of PNN stock, go to TipRanks’ Overview page.