Power Minerals has reported strong high-grade niobium and rare earth element (REE) results from shallow auger drilling at its Santa Anna project in Brazil.
The 1000m program followed a 2272m reverse circulation (RC) campaign and returned standout intercepts, including 1m at 13,590 parts per million (ppm) (1.36 per cent) niobium oxide (Nb₂O₅) from 8m in MN-TM-009 and 14m at 2791ppm Nb₂O₅ from surface in MN-TM-010, including 2m at 5936ppm Nb₂O₅.
REE results were equally strong, with highlights such as 17m at 6,895ppm TREO from surface in MN-TM-008, including 5m at 13,824ppm (1.38 per cent) TREO from 2m, and 13.75m at 6534ppm TREO in MN-TM-007, including 3m at 9181ppm (0.92 per cent) TREO. Many mineralised intervals start at surface, indicating minimal overburden.
Power is set to start a 10,000m RC drilling campaign to extend the project’s footprint east and south-east of initial drilling.
The first 2000m will begin this month, with completion expected in the first quarter of 2026. The program will support Santa Anna’s first mineral resource estimate and accelerate exploration of the alkaline carbonatite complex.
“Latest results from our ongoing auger drilling at Santa Anna continue to validate our exploration model and provide confidence about the project’s potential,” Power Minerals managing director Mena Habib said.
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