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Power Minerals Advances Niobio Drilling, Abandons Tântalo Acquisition Amid Access Concerns
6:27pm on Sunday 1st of June, 2025 AEST
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Mining
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Power Minerals Advances Niobio Drilling, Abandons Tântalo Acquisition Amid Access Concerns
6:27pm on Sunday 1st of June, 2025 AEST
Key Points
Maiden diamond drilling program underway at Niobio Project with four holes completed
All drill holes intercepted targeted pegmatites consistent with exploration model
Decision not to acquire Tântalo Project due to potential access and licensing issues
Settlement agreement reached with Ultra Lithium to recover convertible loan amounts
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