London-listed Pensana says results from a soil sampling programme at the Sulima West target, at its Coola licence, in Angola, clearly identify an area of about 500 m by 300 m, or 15 ha, with total rare earth oxides (TREO) grading more than 2%.
Notably, the area contains a core zone of high-grade soils reporting grades higher than 4% TREO.
Pensana last year undertook soil sampling at the Sulima West and Benge Novo targets, which are located on its Coola exploration licence north of the Longonjo rare earths project, in Angola.
Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The Company’s flagship assets are the Saltend rare earth refinery project in the United Kingdom and Longonjo neodymium and praseodymium (NdPr) Project in Angola.