Jangada Mines PLC - London-based minerals explorer - Says results show consistent grades at its Pitombeiras Vanadium Project in Brazil and the newly discovered Geola targets. Jangada Chair Brian McMaster said: "We have received the last drill results from the Pitombeiras North target, which at 0.56% vanadium pentoxide is above the 0.539% vanadium oxide average grade to date. This concludes a successful drilling campaign at this target, which has confirmed consistent grades, widths and continuity, marking a great achievement from our exploration team. The first drill result from the Goela Target has also shown grade consistency and we are now awaiting the last five remaining results."
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By Greg Roxburgh; gregroxburgh@alliancenews.com
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Jangada Mines (JAN)