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
Sign up to FREE email alerts from
BusinessLive -
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyâll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.