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Pensana Metals Ltd.
Summary
| Project: | Longonjo | |
|---|---|---|
| Deposit: | Longonjo | |
| Location: | Angola | |
| Commodities: | Rare Earth | |
| Date: | 12/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-12-2018: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 42m @ 3.98% REO from 0m. Pensana Metals Ltd (ASX: PM8) is delighted to report further excelle | |
| 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 further excellent drill results from its exploration programme at the Longonjo NdPr Project in infrastructure rich Angola. Results from the latest 31 holes include a number of high‐grade intersections starting from the surface up to 42 metres in thickness These results follow on from the previously announced results which also included high‐grade intersections starting from surface and up to 65 metres in thickness. A number of these deeper intersections remain open at depth. With just over half of the results reported the mineralisation has been extended in all directions and remains open. Results from 67 of the 108 holes drilled have extended the area of the Mineral Resource estimate by several hundred metres to the north, east and the west. | |
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