Power Minerals to Acquire Santa Anna Project, Boosting South American Clean Energy Focus

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The latest update is out from PepinNini Minerals Limited ( (AU:PNN) ).

Power Minerals Limited has completed due diligence and will proceed with acquiring the Santa Anna Niobium-REE-Gallium Project in Goiás State, Brazil. This acquisition enhances Power’s position as a South American-focused clean energy metals explorer and developer. The initial drilling program confirmed significant niobium and REE mineralization, validating Power’s exploration model and highlighting the project’s expansion potential. With nearly 90% of the Alkaline Complex surface area untested, the project presents a significant exploration opportunity. The acquisition is expected to be finalized soon, with a Phase 2 drilling program already underway to extend the…