Power Minerals Ltd. reports significant progress in South Australias Eyre Peninsula Project

Power Minerals Limited (ASX: PNN) has reported a significant breakthrough in its Eyre Peninsula Project in South Australia. The company completed a comprehensive 37-hole air-core (AC) drilling program, covering 1,568 meters in total, with all collected samples displaying rare earth element (REE) concentrations exceeding 1,000 parts per million total rare earth oxide (TREO).

The primary focus was on Dickson Well (EL6681) and Yeelanna (EL6677), revealing impressive results. At Dickson Well, a 9-meter section exhibited 3,015 parts per million TREO, including 13.2% heavy rare earth oxide (HREO). Meanwhile, at Yeelanna, a 10-meter interval featured 2,097 parts per million TREO, with 8.3% HREO. Sample PR-105 displayed a remarkable 7,495 parts per million TREO over 1 meter, marking the highest clay-hosted REE concentration in South Australia.

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