Pensana Rare Earths Plc (LSE: PRE, ASX: PM8) is pleased to report high grade rare earths in soils from the first sampling programmes completed at its 7,500 square kilometre Coola Project located 16 kilometres north of its flagship Longonjo project in Angola. Also reported is the appointment of accomplished economic geologist Grant Haywood as Exploration Manager together with an update on recent site activities at the Longonjo.
· Assay results received from soil sampling over the Coola carbonatite identify a high tenor soil anomaly up to 4.69% REO extending over a 1.3 x 1.4 kilometre area.
· The highest REO values lie over the 3.2 kilometre perimeter of the carbonatite ring structure and are coincident with an outcropping circular carbonatite dyke.
*A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;