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Pensana Metals Ltd.

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Summary

Project:

Longonjo

Deposit:Longonjo
Location:Angola
Commodities:Rare Earth
Date:7/8/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-7-2019: Pensana Metals Ltd. announces an Exploration/Drilling Update report for its Longonjo deposit at the Longonjo project. Drilling results incl. 16m @ 8.99% REO from 0m. Pensana Metals Ltd (ASX: PM8) is pleased to report particularly high
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David Hammond (Internal)
ABSTRACT:Pensana Metals Ltd (ASX: PM8) is pleased to report particularly high grade intersections from a diamond core drilling programme completed at its Longonjo NdPr Project located within an infrastructure rich region of Angola. The diamond drill infill programme has confirmed the previous reverse circulation drilling results in an area of mineralisation which is the focus of the Pre Feasibility Study due to be reported in September. The surprises have been the particularly high grades of NdPr from surface and the intersection of high grade fresh rock mineralisation over a large area immediately below the weathered zone. high grade fresh rock target immediately beneath the weathered zone that is the focus of the Preliminary Feasibility Study has been identified. The high grade fresh rock mineralisation extends over an area of 500 x 150 metres and remains open to the north and with depth. A geological review of the Longonjo Project also demonstrates significant potential for additional weathered zone mineralisation, with major exploration targets identified along strike of currently defined mineralisation.

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