Pensana confirms rare-earth mineralisation at Angola target

Metals company Pensana on September 14 confirmed that the Sulima West laterite target at its Coola exploration project, in Angola, contains three main types of rare-earth minerals.

This was confirmed as the company reported on the mineralogical characterisation studies – undertaken by testing services provider SGS South Africa – of samples collected at the Sulima West and Coola carbonatite last year.

This comes in addition to the announcement on August 29, in which the company reported high-grade total rare earth oxide soil sampling results at Sulima West, as well as encouraging results from other targets on the Coola exploration licence area.

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.

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