Pensana shares up 16% on new drill results in Angola

MINING.COM | Pensana reported on Tuesday the final assay results from the last 86 holes of the 8,000 metre drill programme completed at the Longonjo neodymium/praseodymium (NdPr) Project in Angola.


The programme is in support of a Bankable Feasibility Study which is due to be reported in mid‐October.


According to the company, the latest results confirm the continuity of the weathered zone mineralisation from surface and also outline a wide area of mineralisation in fresh rock immediately below the current pit design that could add an extra dimension to the project beyond the initial mine life.


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