Exceptional high-grade results from maiden drilling at MDF
Filed with ASX · · 20 pages · English
Summary by 6ix AI
Power Minerals Limited has announced exceptional high-grade results from its maiden drilling program at the Morro do Ferro Project in Brazil, highlighting significant intersections of rare earth elements. Additionally, high-grade gallium was also found at the end of the hole, which could enhance the project's economic viability. The company plans to continue drilling with multiple holes and aims to integrate these results into a future Mineral Resource Estimate.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Power Minerals
- Maiden Drilling Program Progressing at MDF REE Project
- MDF advancing to premium magnet rare earth development
- Strategic $1.7M secured from resources investment fund
- Drilling commences Morro do Ferro REE project, Brazil
- Diamond drilling to commence at Morro do Ferro REE project
Later from Power Minerals
- 2Nd hole delivers highest ever MREO intercept from surface
- Third hole extends broad high grade REE mineralisation
- Further broad high-grade REE mineralisation intersected
- New high grade ree zone discovered at depth
- Morro do Ferro granted Minas Gerais priority project status
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