Power Minerals (ASX: PNN) Signs Option to Acquire Niobium Project in Brazil

Wed 16 Apr 25, 01:22 AM | Team Kalkine

Image source: Shutterstock

Highilghts

Option agreement signed for Santa Anna Niobium Project in Goiás State, Brazil

Drill-ready project includes grades up to 3.36% Nb₂O₅ from shallow depths

US$300,000 investment to fund option fee and initial exploration program

Power Minerals Limited (ASX: PNN) has entered a binding letter of intent to secure an exclusive option to acquire the Santa Anna Niobium Project, located in Goiás State, central Brazil. The asset is described as a high-grade, drill-ready niobium carbonatite-hosted project with additional potential for rare earth elements (REE) and phosphate mineralisation.

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