Power Minerals (ASX:PNN) announces identification of high-quality exploration targets at Nióbio Project in Brazil

Power Minerals Limited (ASX:PNN) has announced the identification of multiple high-quality exploration targets at its Nióbio Niobium Project in Paraiba State, Brazil. The LiDAR survey conducted over the Nióbio Project area has exceeded expectations, providing multiple exploration targets for fast-track exploration plans.

Executive Commentary on LiDAR Survey Results at Nióbio Project

The LiDAR survey has helped confirm exploration targets at Nióbio, allowing us to define areas for on-ground exploration much quicker than would be expected without the benefit of LiDAR survey data. We are excited to begin on-ground exploration, commencing with sampling at these targets, which has the potential to confirm the presence of high-grade niobium and REE mineralisation at the Project. The LiDAR survey has been an important step in advancing exploration efforts at our Brazilian project portfolio, in particular in helping develop the Nióbio Project into a key asset for Power. Having also secured an option for the Tântalo Project, immediately south of Nióbio, we are excited to see how the application of our exploration methods may be used to fast-track our on-ground fieldwork across a much larger project area.

Summary of LiDAR Survey Results and Outlook

Power Minerals Limited (ASX:PNN) has successfully identified multiple high-quality exploration targets at its Nióbio Niobium Project in Brazil through the LiDAR survey. The results have exceeded expectations, providing a clear roadmap for prioritising on-ground exploration activities and facilitating fast-track exploration plans. The Company's strategy to expedite exploration at the Nióbio Project aims to deliver targets for a first-phase drilling program. With the recent acquisition of the Tântalo Project, Power has expanded its exploration footprint in Brazil, further enhancing its prospects in the region. The Company remains optimistic about the potential to confirm the presence of high-grade niobium and REE mineralisation at the Project, and the detailed topographic data from the LiDAR survey is expected to continue generating further targets for exploration.