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Rare earths & specialist minerals

Pensana reports consistent sample indications from Salima West

Pensana PLC (LSE:PRE, OTC:PNSPF) said all three trenches and nine pits sampled at the Sulima West laterite in Angola during late 2023 showed evidence of rare earth mineralisation.

Sampling results confirm a six-hectare, enriched laterite at Sulima West grading 2 - 3% TREO [rare earths], while three additional historic trenches totalling 206 metres averaged 1.8%.

Grant Hayward, Pensana's exploration manager, added: "The trench sampling confirms the current understanding of the grade and lateral extent of the Sulima West laterite and the pitting shows mineralisation to depths greater than 5 metres. All pits ended in mineralisation.

“Should the current metallurgical testwork campaign on the Sulima West laterite show promising beneficiation results, then the full grade and depth extent of the laterite will be tested by drilling.”

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