POWER MINERALS ORD
Power Minerals Expands Portfolio with Acquisition of Gamma REE Project in California
Power Minerals (ASX: PNN) has announced that it is acquiring the Gamma heavy rare earth elements (REE) project in the San Bernardino district of California for approximately $950,000 plus shares. Gamma, which sits 195 kilometres southwest of the world-class Mountain Pass REE mine, has only recently come under examination for its rare earths potential after initial […]
Power Minerals’ second drill hole at lithium salar produces ‘outstanding’ brine results
Power Minerals (ASX: PNN) reports that its second hole at the Rincon salar has reached the aquifer depth of 605m and produced brine samples that demonstrate “excellent” flow rate and high density. Rincon one of its three salars (or salt flats) now under exploration at the company’s Salta lithium project in northwest Argentina. The company […]
Rincon drilling returns strong lithium grades and brine density for Power Minerals
The first hole of a resource definition drilling program at the Rincon salar within the Salta lithium project in Argentina has returned strong lithium grades and brine density for owner Power Minerals (ASX: PNN). A diamond hole was drilled to a depth of 345.6 metres and assays from 15 packer brine samples taken from selected […]
Power Minerals completes technical due diligence for proposed new lithium asset acquisitions
Diversified minerals company Power Minerals (ASX: PNN) has completed a key condition related to its planned acquisition of the Argentinian lithium assets of Ultra Lithium Inc. (TSXV: ULT). In its bid for the Ultra Lithium-owned over 250,000-hectare Laguna Verde lithium-brine projects in the Catamarca Province, Power Minerals stipulated that the mid-May deal was subject to […]