Power Minerals (ASX: PNN) has identified further high-grade niobium, tantalum and rare earth elements (REE) sampling results at its Lĺtio Project in Brazil.
The latest sampling results were taken from seven sites across three separate areas within the Lĺtio project area – in the central area of the Project, in the northern area and also near the northern boundary.
In conjunction with previous high-grade sampling results reported last month, the results confirm the presence of high-grade concentrations of niobium and tantalum minerals at multiple locations spanning the entire length of the Lĺtio Project area.
High-grade sampling results have now been returned from areas within the Lĺtio Project where no previous pegmatite dykes have been mapped.
Latest highlight results include:
- 40.9% Nb2O5 and 21.4% Ta2O5 in sample P0560/24
- 38.4% Ta2O5 and 11.7% Nb2O5 in sample P0561/24
- 30,040 ppm (3%) PREO in sample P0558/24
- 27,080 ppm (2.8%) PREO in sample P0556/24
In the northern part of the Lĺtio Project, individual pegmatite dykes appear to extend over 1,100 metres in length, and in the southern area, Power has mapped pegmatite dykes that appear to be 900 metres long. This is based on visible outcrop and does not include possible concealed extensions due to transported alluvial and scree cover.
It is known that the swarms of pegmatite dykes in the region can extend over many kilometres in length.
“These latest sampling results confirm the presence of high-grade niobium-tantalum-REE mineralised pegmatites in multiple new locations at the Lĺtio project,” Managing Director, Mena Habib, said.
“In conjunction with our recently released high-grade results from the southern extent of the Project, we have now delivered widespread, high-grade sample results across the full length of our Lĺtio tenure.
“While these results are acknowledged as early stage, they provide strong confidence and an early validation of our exploration strategy at the Project. We now look forward to reporting results of the LiDAR survey currently being undertaken, and making plans for more substantive exploration, including bulk sampling, trenching and drilling, subject to results.”
