+44 (0) 207 466 5000 About Pensana (LSE:PRE) Pensana is a British company listed on the main Board of the London stock exchange committed to establishing the world s first fully sustainable mine to magnet metal supply chain. The heart of this commitment is a nationally significant rare earth chemical processing facility Pensana proposes to build at the Saltend Chemical Park in the Humber, Yorkshire. The project will generate high value manufacturing jobs in the Humber region and position the UK as a leading provider of products to power the European Green Industrial Revolution. Saltend is in a region with rich manufacturing heritage, skilled operators, strong government support and enviable logistics. It houses multinational companies including
Pensana Rare Earths Plc (LSE: PRE, ASX: PM8) is pleased to report high grade rare earths in soils from the first sampling programmes completed at its 7,500 square kilometre Coola Project located 16 kilometres north of its flagship Longonjo project in Angola. Also reported is the appointment of accomplished economic geologist Grant Haywood as Exploration Manager together with an update on recent site activities at the Longonjo.
· Assay results received from soil sampling over the Coola carbonatite identify a high tenor soil anomaly up to 4.69% REO extending over a 1.3 x 1.4 kilometre area.
· The highest REO values lie over the 3.2 kilometre perimeter of the carbonatite ring structure and are coincident with an outcropping circular carbonatite dyke.
Pensana Rare Earths Plc (LSE: PRE, ASX: PM8) is pleased to report high grade rare earths in soils from the first sampling programmes completed at its 7,500 square kilometre Coola Project located 16 kilometres north of its flagship Longonjo project in Angola. Also reported is the appointment of accomplished economic geologist Grant Haywood as Exploration Manager together with an update on recent site activities at the Longonjo.
· Assay results received from soil sampling over the Coola carbonatite identify a high tenor soil anomaly up to 4.69% REO extending over a 1.3 x 1.4 kilometre area.
· The highest REO values lie over the 3.2 kilometre perimeter of the carbonatite ring structure and are coincident with an outcropping circular carbonatite dyke.
Humber s ferrous attraction: Pensana chair on why it came out top for £100m motor magnet supply chain
Paul Atherley tells how peace in oxide-rich Angola and the march to Net Zero in the UK provide the platform to launch process operation proposal
19:27, 10 DEC 2020
Updated
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