Announcement Date: 2022-11-14
Announcement Type: Exploration Update
Announcement Code: (other Code)
Company name: Pensana Rare Earths Plc
Project name: Coola
Location: Angola
Commodities: REE
Highlight: Trench sampling assay results incl.@ up to 9.7% TREO
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Pensana is very pleased to report on the results from the recently completed exploration programme on the Coola Exploration Licence located 40 kilometres north of Longonjo. Exploration activities have been focused on three highly prospective targets namely the Sulima West carbonatite, the Benge Novo alkaline complex and the Coola carbonatite. The results from Sulima West are considered to be a significant discovery and will be the main focus of exploration activities in 2023.
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