IN BRIEF: Jangada Mines Identifies Target Areas At Pitombeiras Project

Mon, 16th Nov 2020 21:20

Jangada Mines PLC - natural resources company - identifies seven very high and five high priority areas following ground magnetic survey at the Mocidade property, a new target area at Pitombeiras vanadium project in Brazil.

Targets have found 5.70 million tonnes at an average grade of 0.51% vanadium pentoxide. Further exploration works are underway to refine drill targets, which will be funded from available resources.

Current stock price: 5.12 pence

Year-to-date change: up sharply from 1.65p

By Dayo Laniyan; dayolaniyan@alliancenews.com

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