# Power Minerals finds more rare earth riches 240m down at Morro do Ferro

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89

Original source: https://stockhead.com.au/resources/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro/

Publisher: stockhead

Original announcement: 2026-10-22T03:17:48.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-22T05:03:00.055Z

Atlas analysis updated: 2026-10-22T05:03:00.055Z

- Company: Power Minerals

- Ticker: PNN

- Exchange: Unavailable

- Region: Brazil

- Primary commodity: Rare earths

- Secondary commodities: Magnet rare earth oxides

- Document categories: Drill results, Other

- Extracted: 2026-10-22 05:03:00 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Power Minerals has reported high-grade rare earth drilling results at its Morro do Ferro project in Brazil, including a 2m intercept of 6.88% TREO at 240m depth. The results identify two distinct high-grade zones at depth and extend the known mineralisation, supporting the company's upcoming maiden mineral resource estimate.

Reasoning: Significant high-grade rare earth intercepts at depth \(240m\) extending the known mineralised footprint, providing new targets for a maiden resource estimate.

- Positive factor: extension of mineralisation at depth

- Positive factor: identification of two separate high-grade zones

- Positive factor: high-grade intercepts \(6.88% TREO and 9% TREO\)

- Positive factor: continuous mineralisation from surface to 190m

Facts used in scoring: 12

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Results extend known mineralisation at depth, identifying new high-grade zones.

Evidence · text

> Results extend known mineralisation at depth, identifying two separate high-grade zones

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions diamond drillhole MFSR-054 and refers to assays, implying standard protocols, though specific lab names/methods are not in this snippet.

Evidence · text

> The latest assays from diamond drillhole MFSR-054

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Drill Results (12)

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-0)

Morro do Ferro · rare\_earths

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: rare\_earths
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 6.88
- Grade Unit: %
- Intercept: 2 m
- From: 240 m
- To: 242 m
- Intercept Depth: 240 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:240-242

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: High-grade intercept at depth extending the known mineralised zone.

- Positive factor: high-grade intercept at depth

Evidence · text

> 2m interval grading 6.88% TREO... from 240m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-1)

Morro do Ferro · magnet rare earth oxides

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: magnet rare earth oxides
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 1.07
- Grade Unit: %
- Intercept: 2 m
- From: 240 m
- To: 242 m
- Intercept Depth: 240 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:240-242

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: Secondary metal grade accompanying a high-grade TREO intercept.

- Positive factor: accompanying high-grade TREO

Evidence · text

> 1.07% magnet rare earth oxides \(MREO\) from 240m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-2)

Morro do Ferro · rare\_earths

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: rare\_earths
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 1.38
- Grade Unit: %
- Intercept: 19.8 m
- From: 222.2 m
- To: 242 m
- Intercept Depth: 222.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:222.2-242

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: Broader mineralised interval containing the high-grade zone.

- Positive factor: broad mineralised zone

Evidence · text

> 19.8m zone at 1.38% TREO from 222.2m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-3)

Morro do Ferro · magnet rare earth oxides

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: magnet rare earth oxides
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 19.8 m
- From: 222.2 m
- To: 242 m
- Intercept Depth: 222.2 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:222.2-242

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: Secondary metal grade for the broader interval.

Evidence · text

> 0.23% MREO from 222.2m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-4)

Morro do Ferro · rare\_earths

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: rare\_earths
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 9
- Grade Unit: %
- Intercept: 50 m
- From: 0 m
- To: 50 m
- Intercept Depth: 0 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:0-50

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: Very high grade over a significant width near surface.

- Positive factor: exceptional high-grade intercept

Evidence · text

> 50m at 9% TREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-5)

Morro do Ferro · magnet rare earth oxides

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: magnet rare earth oxides
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 1.56
- Grade Unit: %
- Intercept: 50 m
- From: 0 m
- To: 50 m
- Intercept Depth: 0 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:0-50

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: High grade MREO accompanying the TREO intercept.

Evidence · text

> 1.56% MREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-6)

Morro do Ferro · rare\_earths

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: rare\_earths
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 6.33
- Grade Unit: %
- Intercept: 88 m
- From: 0 m
- To: 88 m
- Intercept Depth: 0 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:0-88

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: Significant high-grade intercept from surface.

- Positive factor: strong high-grade intercept

Evidence · text

> 88m at 6.33% TREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-7)

Morro do Ferro · magnet rare earth oxides

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: magnet rare earth oxides
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 1.19
- Grade Unit: %
- Intercept: 88 m
- From: 0 m
- To: 88 m
- Intercept Depth: 0 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:0-88

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: MREO grade accompanying the TREO intercept.

Evidence · text

> 1.19% MREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-8)

Morro do Ferro · rare\_earths

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: rare\_earths
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 2.78
- Grade Unit: %
- Intercept: 9 m
- From: 181 m
- To: 190 m
- Intercept Depth: 181 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:181-190

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: Moderate high-grade intercept.

Evidence · text

> 9m at 2.78% TREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-9)

Morro do Ferro · magnet rare earth oxides

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: magnet rare earth oxides
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 0.72
- Grade Unit: %
- Intercept: 9 m
- From: 181 m
- To: 190 m
- Intercept Depth: 181 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:181-190

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: MREO grade accompanying the TREO intercept.

Evidence · text

> 0.72% MREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-10)

Morro do Ferro · rare\_earths

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: rare\_earths
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 7.85
- Grade Unit: %
- Intercept: 2 m
- From: 184 m
- To: 186 m
- Intercept Depth: 184 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:184-186

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: High-grade sub-interval within a larger intercept.

- Positive factor: high-grade sub-interval

Evidence · text

> 2m at 7.85% TREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### MFSR-054

[Link to this fact](https://atlas-staging.minestarters.com/news/power-minerals-finds-more-rare-earth-riches-240m-down-at-morro-do-ferro--57307ef2-89a9-4e1a-92f1-0b68f5cf2f89#fact-drill-facts-11)

Morro do Ferro · magnet rare earth oxides

#### Identity

- Hole ID: MFSR-054
- Project: Morro do Ferro
- Commodity: magnet rare earth oxides
- Region: brazil
- Reported Region: brazil
- Ticker: PNN

#### Geometry

- Grade: 0.72
- Grade Unit: %
- Intercept: 2 m
- From: 184 m
- To: 186 m
- Intercept Depth: 184 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: MFSR-054:184-186

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-22T00:00:00.000Z

Reasoning: MREO grade accompanying the high-grade TREO sub-interval.

Evidence · text

> 0.72% MREO

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
