Power Minerals initiates exploration in Brazil

Power Minerals (ASX:PNN) has commenced its first-pass diamond drilling at the Nióbio Project in Brazil. The drilling will cover up to 800 meters to test targets identified through sampling and a LiDAR survey. Completion is expected by January 2025, with results anticipated in the first quarter of the same year.

Power Minerals' strategic exploration outlook

Power Minerals Limited has started its diamond drilling initiative at the Nióbio Project in Rio Grande do Norte, Brazil. This program, which began on December 15, 2024, involves drilling up to 800 meters to gather critical geological data on the pegmatite structure. The company's technical team oversees the process and will analyze additional samples to determine future drilling targets. Despite challenges like limited outcrop exposure, the drilling aims to provide essential data to guide future exploration. With a focus on developing lithium assets in Argentina and niobium prospects in Brazil, Power Minerals is set on transforming these projects into significant operations. Results from this phase are expected in early 2025 and will help shape future strategies.

Executive insights on drilling commencement

The limited outcrop exposure poses challenges in measuring pegmatite boundaries accurately. The drilling is designed to address this issue by sampling below the surface, offering valuable metallurgical and mineralogical data for future exploration.