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Pensana Metals Ltd.
Summary
| Project: | Longonjo | |
|---|---|---|
| Deposit: | Longonjo | |
| Location: | Angola | |
| Commodities: | Rare Earth | |
| Date: | 1/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-1-2019: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 50m @ 5.63% REO from 0m. Pensana Metals Ltd (ASX: PM8) is delighted to report more excellent | |
| 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 delighted to report more excellent drill results from the final batch of results of its 108 hole drill programme at the Longonjo NdPr Project in infrastructure rich Angola. All new intersections lie outside of the current Mineral Resource area and extend the NdPr mineralisation to the south, east and west. The high grade mineralisation starts at surface and remains open in the southern area. The new intersections also identify a new thick zone of particularly NdPr– enriched mineralisation (LRC071, where NdPr makes up 36% of total rare earths) on the western margin of the carbonatite 1,200 metres from the limit of the current Mineral Resource estimate. | |
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