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Pensana Metals Ltd.
Summary
| Project: | Longonjo | |
|---|---|---|
| Deposit: | Longonjo | |
| Location: | Angola | |
| Commodities: | Rare Earth | |
| Date: | 1/13/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-1-2020: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 19m @ 5.78% REO from 0m. Pensana Metals Ltd (ASX: PM8) is pleased to report the first assay results rec | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Hammond (Internal) | |
| ABSTRACT: | Pensana Metals Ltd (ASX: PM8) is pleased to report the first assay results received from the first 16 holes of the 7,000 metre infill and extension drilling programme at the Longonjo NdPr Project in Angola. The programme is being undertaken in support of the Definitive Feasibility Study. Executive Director Dave Hammond commented: “This is a great start to the DFS drilling programme and these initial results confirm the continuous and consistent nature of this weathered blanket style of mineralisation from surface. We expect to be able to upgrade significant amounts of currently Inferred Mineral Resource to the higher Indicated JORC category, thereby extending the current mine life with further studies. We look forward to reporting many more results from this large drilling programme that will include the testing of some potentially high grade targets, extensions to the known mineralisation and an area of high grade fresh rock hosted mineralisation that could add a further dimension to the project.” | |
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