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Pensana Metals Ltd.
Summary
| Project: | Longonjo | |
|---|---|---|
| Deposit: | Longonjo | |
| Location: | Angola | |
| Commodities: | Rare Earth | |
| Date: | 5/13/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-5-2019: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 30m @ 5.22% REO from 0m. Pensana Metals Ltd (ASX: PM8) is pleased to report more high grade | |
| Resources: | (Resource, Inf.): 44.7Mt @ 2.50% TREO for 1,120t TREO contained at project (1.0% TREO cut-off) | |
| CP/QP: | [Overall Report]: David Hammond (Internal) | |
| ABSTRACT: | Pensana Metals Ltd (ASX: PM8) is pleased to report more high grade drill results from the infill drilling programme at the Longonjo NdPr Project in an area of Angola rich in infrastructure. The results include some of the highest grades returned from the project to date and confirm the continuity of the thick blanket of NdPr mineralisation from surface. Assay results from the remaining drill holes are expected shortly and will allow an updated Mineral Resource estimate to be completed in support of the Preliminary Feasibility Study scheduled for completion in September 2019. | |
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