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Power Minerals Confirms High-Grade Niobium and REE at Santa Anna, Advances JV and Raises $3.9M

3:32pm on Thursday 31st of July, 2025 AEST Mining
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Power Minerals Confirms High-Grade Niobium and REE at Santa Anna, Advances JV and Raises $3.9M

3:32pm on Thursday 31st of July, 2025 AEST
Key Points
  • Completed 29-hole reverse circulation drill program at Santa Anna with strong niobium and REE results
  • Strategic partnership formed with Brazilian miner EDEM to reduce costs and leverage local expertise
  • Rincon Lithium JV advances with foreign shareholder registration and hydrological drilling approval
  • Raised A$1.3 million during the quarter and announced a subsequent A$2.6 million placement
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