Rare earths developer Pensana has confirmed that it will predominantly focus its exploration efforts next year on the Sulima West carbonatite target, on the Coola exploration licence, in Angola.
The target is located 40 km north of its Longonjo rare earths mine, which is under construction.
Exploration activity on the Coola licence has been focused on three prospective targets – Sulima West, Benge Novo and Coola.
Pensana plc (LON:PRE) explores and mines neodymium, praseodymium, and rare earth minerals. The company is looking to establish the world’s first fully sustainable magnet metal rare earth oxide producer at the Saltend Chemicals Park in the Humber Local Enterprise Partnership Yorkshire, UK.