We've completed the first stage of our diamond drilling program at our Nióbio Project in Brazil, with 10 holes drilled for a total of 809.75m across three targets. Pegmatites were intersected in all holes, with multiple downhole intercepts exceeding 30m in thickness. Detailed core logging and pXRF analysis are underway to select samples for laboratory testing, with assay results expected in March/April 2025. The results will guide planning for the next phase of exploration, including potential follow-up drilling to confirm grade and determine a mineral resource estimate. Managing Director Mena Habib said, “We’re pleased to have completed our first-phase of drilling at the Nióbio Project to plan and schedule. Initial results are encouraging, with pegmatites intercepted in all 10 holes completed, some being broad intercepts more than 30 metres wide. Samples are currently being prepared to be submitted for laboratory analysis, with assay results expected in the following month. The results from this initial drilling are anticipated to play a key role in planning for further exploration at the Project. The are also numerous un-tested, immediate, walk-up targets at Nióbio, and we look forward to systematically assessing these as we move forward with our exploration of the Project.” Read the full ASX Announcement here: https://lnkd.in/gHFiX8sJ #PowerMinerals #PNN #ASX #NióbioProject #Brazil #Niobium #Tantalum #REE #Exploration #Mining #CriticalMinerals #Drilling #MineralExploration #BatteryMetals
