Seems like a good grab, minimal upfront cost and 5000m of drilling already completed with decent mineralization confirmed.
"Update on Nióbio Project, Brazil Power has completed the first stage diamond drilling program at the Nióbio Project in Brazil (ASX announcement 18 February 2025). The Company now advises that the first drill samples have arrived in the ALS Geochemical commercial laboratory in Australia. The selected half-core samples will now undergo analyses for niobium and other elements of interest, and results are expected within a month. Full details will be released when available."
Still awaiting the drill results for Niobio, not a hidden duster just yet as some feared.
PNN Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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