ASX-listed Pensana Metals’s latest drill results from the infill drilling programme at its Longonjo NdPr rare earths project in Angola has confirmed some of the highest grades returned from the project to date.
The results have revealed continuity of the thick blanket of NdPr rare earths mineralisation which starts at surface.
- LDRC135: 14 m at 5.20% REO (total rare earth oxide) including 1.06% NdPr from surface.
- LRC136: 22 m at 4.16% REO including 0.82% NdPr from surface to end of hole
- LRC137: 8 m at 8.08% REO including 1.54% NdPr from surface
- LRC146: 30 m at 5.22% REO including 1.04% NdPr from surface
- LRC147: 14 m at 4.83% REO including 1.07% NdPr from surface and 10 m at 4.73% REO including 0.75% NdPr from 16 m
- LRC150: 14 m at 8.54% REO including 1.79% NdPr from 8 m
Assay results from the remaining drill holes are expected shortly and will allow an updated Mineral Resource estimate to be completed in support of the Preliminary Feasibility Study scheduled for completion in September 2019.
Pensana Metals' Executive Director Dave Hammond comments:
“These high grade NdPr intersections are exceptional and demonstrate that the weathered blanket of mineralisation at Longonjo contains some of the best global NdPr grades.”
“The close spaced drilling in the proposed open pit area is confirming the continuity of the NdPr mineralisation over substantial widths from surface and will provide the detail required to support an upgrade of this part of the Mineral Resource estimate from the current Inferred to the Indicated JORC category, as is required for a Preliminary Feasibility Study.”