We’ve been invited by the Australian Embassy in the U.S. to brief Ambassador The Hon Dr Kevin Rudd AC on our Gamma Heavy Rare Earths Project in California, ahead of Prime Minister Anthony Albanese’s meeting with President Donald Trump in Washington DC.
Located in San Bernardino County, near the Mountain Pass Mine, Gamma is well placed to support a stronger Australia–U.S. critical minerals partnership.
We welcome the Australian Government’s interest in our project and look forward to contributing to the development of a secure Western supply chain for rare earths and critical minerals.
MD Mena Habib said, “We welcome the Australian Government’s interest in the Gamma Project. We see potential for Gamma to contribute to the United States’ heavy rare earth element supply chain while deepening Australia–U.S. collaboration on critical minerals.”
Read the full $PNN ASX Announcement here: https://t.co/AladTem5bB
#ASX #PNN #RareEarths #CriticalMinerals #HREE @AmboRudd
Vital’s optimized MRE delivers 56% increase in Measured + Indicated resources for Tardiff rare earth deposit: https://t.co/edItXFvgfi
The updated MRE forms the basis for a Scoping Study on future size and production scalability, expected in the coming weeks. $VML #REE
We've confirmed high-grade #niobium, #tantalum, and #REE mineralisation at our Tântalo Project in Brazil. First-pass reconnaissance sampling results include up to 47.3% Nb₂O₅ and 25.0% Ta₂O₅, with REE concentrations reaching 10,422 ppm. Extensive existing artisanal workings will be followed up as a priority guide to prospective target areas, as we rapidly advance towards a drilling program on priority targets.
Managing Director, Mena Habib said, “These are exciting results from our first-pass sampling program and confirm that high-grade niobium-tantalum-REE mineralised pegmatites are also present within our Tântalo Project. The results have provided a strong level of initial confidence in the Project’s exploration potential. Power plans to undertake a maiden drilling program at both Projects as soon as possible.”
Read the full $PNN #ASX Announcement here: https://t.co/pMcnMCZVNT
#rareearths #BrazilMining #MineralExploration #ASXnews
High-grade results incl. 𝟭.𝟴𝗺 𝗮𝘁 𝟴% #𝗧𝗥𝗘𝗢 from 6.7m in final holes of 2023 drilling at Tardiff, part of our Nechalacho #REE Project in #Canada.
We plan to update the MRE and deliver a Tardiff scoping study by the end of 2024.
https://t.co/5oHT1Buppr $VML $VTMXF
$AGY update on Rincon Lithium Project 2ktpa operations, with works conducted to achieve continuous plant operations on path to increasing production.
Working hard everyday, building up knowledge & experience, that few others have.
$AGY significant milestone achieved with 10ktpa expansion EIA approval granted by Salta Government & @SMESalta.
Major de-risk to fully develop Rincon Project.
Also progressing with 10ktpa pre-development works & strategic partner process.
We've received excellent interim results from the Direct Lithium Extraction Pilot Plant tests by our JV partner @summit_nanotech on #lithiumbrines from our Incahuasi Project, in the Salta province of #Argentina.
These tests achieved up to 96% #lithium recovery with 91% lithium yield to eluate from 50 cycle runs. Additionally, they achieved over 99% rejection of impurities. The ongoing steady-state DLE tests will provide crucial data for flowsheet development, mass balances, and design parameters for future lithium chemical production.
Read the full $PNN #ASX Announcement here: https://t.co/j11xmmBKzA
#LithiumExtraction #DLETechnology #SummitNanotech #CleanEnergy #EnvironmentalImpact #ResourceDevelopment #ArgentinianLithium #SustainableMining #ASXNews #MiningNews
We've successfully completed our initial #lithiumbrine pumping well tests with excellent results at Incahuasi, part of our Salta #Lithium Project in Argentina. The rotary drillhole, PM24-IN-RW-01, reached a depth of 360m with 8-inch diameter slotted casing. Pumping step tests have indicated high productivity of the aquifer, with a potential yield of up to 40 L/sec and an efficiency above 70%. The aquifer at Incahuasi exhibits higher transmissivity compared to neighbouring salares.
Results from continuous pumping tests need to be compiled and analysed to provide input to the Pre-Feasibility Study and provide bulk lithium brine samples for additional DLE test work. Further evaluation work in conjunction with JV partner Summit Nanotech, including hydrological model and water / brine balances.
Read the full $PNN ASX Announcement here: https://t.co/SwyubGbOhN #ASXNews
This raise will assist $PNN to move forward with our plans involving an important strategic acquisition.
RIO plans to move to a small scale production by the end of the year using DLE. We are hoping for the same at both our projects in Incahuasi and Rincon in the coming years.
https://t.co/KffFWZvsTA
Thanks to all for your ongoing support. We plan to reward our holders with loyalty options for those who wish to participate.
We will continue to provide updates on our projects so stay tuned.
A quick update on what's taking place at $PNN:
Argentina
Incahuasi salar
- Pilot plant testing of brine is in full swing at Summit's facility in Santiago. Results to follow shortly;
- Pumping well is progressing with results being fed in the upcoming PFS; and
- Plant permit applications are in progress.
Rincon salar
- Technical team is assessing additional holes for drilling to increase the resource to a similar size of $AGY (who are on the same salar). This will provide improved overall PEA and mine life;
- Discussions are taking place with numerous parties for off take agreements and funding;
- Assessing preferred technology for brine chemistry; and
- Pilot plant permit applications are in progress.
M&A
- As always, this is a strong focus for the board.
Australia
Musgrave
- Next week, the team led by Damien Barnes will be heading to Alice Springs to partake in celebrations at the Manta Wiru festival with the local APY community. for which PNN is a proud major sponsor; and
- Planning for exploration on the Pink Slipper target is underway. The team hopes that in the coming months exploration will commence as the preliminary heritage is complete and discussions to finalise access progressing well.
Eyre Peninsula
- Team is assessing targets for further exploration to assess for Uranium potential; and
- Test's being done to assess if the REE clay at Dickson Well are ionic and easily leached or not. This is a result of the very high REE concentrates which were recently reported.
We're advancing a MoU with Xiamen Xiangyu for funding, offtake, & logistics at Rincon Salar, part of our Salta #Lithium Project, Argentina. With the PEA complete, we move to third-party testing of Rincon brines as we aim to execute binding agreements. $PNN https://t.co/9Jz6dmRXAA
The numbers show that $PNN Rincon is an excellent stand alone project in its own right.
It is comparable in size to $AGY. We are also using the most advanced tech.
Incahuasi moving at a similar pace.
Let that sink in.
Our Preliminary Economic Assessment for the Rincon salar, a key part of our Salta #Lithium Project confirms its potential to produce high-purity, battery-grade lithium carbonate. The project will now progress to the feasibility study phase.
https://t.co/Chx53XkJjw $PNN
$PNN shareholders I believe we have ourselves a project at Rincon. The below image shows a comparison to $AGY. We are now in a better position to advance discussions with potential off take partners.