PNN 3.09% 10.0¢ power minerals limited

Ann: Salta Lithium Rincon Project Initial JORC Resource, page-11

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    Just spoke with RHK, and she feels the results from Rincon are quite good, she also said that she is quietly confident that the Measured & Inferred assay for Rincon will be higher after a pumping well is completed there (see last para page 1 of ann.). She said resource at Rincon, while smallish, is still worth around $700m

    With regard to Pular they are still awaiting assay and resource numbers, she then went on to say that PNN had not expected that assay results would take anywhere near as long as has transpired, which has been v frustrating for them as well as SH'ers. And she is hopeful they will not be much longer.

    And of course the reason the Entitlement Offer was extended was to enable assay work to be announced before cut off date.
 
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