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Pensana Metals Ltd.
Summary
| Project: | Longonjo | |
|---|---|---|
| Deposit: | Longonjo | |
| Location: | Angola | |
| Commodities: | Rare Earth | |
| Date: | 4/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-4-2019: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 26m @ 5.31% REO from 0m. Pensana Metals Ltd (ASX: PM8) (the Company or Pensana) is pleased t | |
| 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) (the Company or Pensana) is pleased to present its quarterly activities report for the period ended 31 March 2019. New drill results confirm continuity of high grade NdPr mineralisation from surface RC (“Reverse Circulation”) drilling was used to infill the area of highest grade weathered zone mineralisation to a 50 metre x 100 metre hole spacing. This will provide the data required to support an Indicated JORC (2012) category Mineral Resource estimate scheduled for completion in July 2019. The RC drilling programme was completed on 16th March for a total of 66 holes for 2,032m. Assay results for the first 24 holes (LRC109 to LRC132) have now been received and confirm the continuity of high grade NdPr mineralisation from surface with intersections including | |
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