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Pensana Metals receives high-grade rare earth results at Longonjo in Angola

All new intersections lie outside the current resource area and extend NdPr mineralisation to the south, east and west.
Pensana Metals receives high-grade rare earth results at Longonjo in Angola
The project is 4 kilometres from a rail line leading directly to an Atlantic port

Pensana Metals Ltd (ASX: PM8) has received further high-grade rare earth oxide (REO) results from drilling at the Longonjo Neodymium–Praseodymium (NdPr) Project in Angola.

These results are the final assays from a 108-hole drilling program in 2018 with a revised resource estimate scheduled for completion next month.

Best results include:

- 50 metres at 5.63% REO, including 1.00% NdPr oxide from surface to end of hole;

- 33 metres at 5.42% REO including 0.88% NdPr from surface;

- 10 metres at 8.5% REO including 1.5% NdPr from 38 metres; and

- 26 metres at 2.57% REO including 0.92% NdPr from 22 metres and 15 metres at 2.88% REO including 1.03% NdPr from 60 metres to end of hole.

Thick zone of rare earths

The new intersections identify a thick zone of NdPr oxide enriched mineralisation, particularly in the hole with two intersections where NdPr makes up 36% of total rare earths.

“Highest grade received to date”

Pensana executive director Dave Hammond said: “These high-grade NdPr intersections are some of the thickest and highest grades received to date.

“They occur over substantial widths from surface and will extend the high-grade mineralisation in a number of directions.”

Utilising all results from the 2018 drilling program, SRK Consulting (Perth) will now complete a revised mineral resource estimate.

- Jessica Cummins

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