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Pensana Metals Ltd.

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Summary

Project:

Longonjo

Deposit:Longonjo
Location:Angola
Commodities:Rare Earth
Date:3/16/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-3-2020: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 36m @ 6.74% REO from 16m. Pensana Metals Ltd (ASX: PM8) is pleased to report assay results received fro
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David Hammond (Internal)
ABSTRACT:Pensana Metals Ltd (ASX: PM8) is pleased to report assay results received from a further 41 drill holes of the 7,000 metre, infill and extension drilling programme at the Longonjo NdPr Project in Angola. The drilling programme is being undertaken in support of the Definitive Feasibility Study (DFS). “These high grade drill results are from well outside the limits of the current pit design and suggest the potential to extend the open pit and mine life at Longonjo. The drilling programme is now complete and we look forward to reporting results from a further 138 drill holes. Areas of deep weathering have been intersected in the north and south of the project that are also outside of the mine plan as defined by the PFS. Assay results are also awaited from infill drill holes in the main high grade weathered zone, as well as from the first systematic drill testing of a zone of fresh rock hosted mineralisation that has the potential to add a further dimension to the project.

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