Update on Coola Project:

Fundamental

Active member

Preliminary Drilling Completed at Angola's Kula Rare Earth Mine
Oct 11, 2025 21:14Source: SMM, Ministry of Natural Resources of the People's Repu

According to Mining Weekly, London-listed miner Pensana has completed the initial drilling program at the Coola carbonate complex. The ore body is located approximately 30 kilometers north of Pensana's flagship Longonjo rare earth project.

Pensana noted that Longonjo remains one of the world's largest undeveloped rare earth deposits, while Coola is part of the company's regional exploration strategy to extend the mine life of Longonjo.

The company emphasized that the drilling program was completed before the onset of the rainy season, marking another important milestone in its plan to evaluate the Coola complex.


Following early-stage field and soil sampling, reverse circulation drilling was deployed at eight selected points along the entire diameter of the complex.

The program successfully obtained samples, conducted mineralogical and metallurgical analyses, and assessed the potential of this alkaline or carbonate complex to supply future rare earth production.

The drilling was completed in collaboration between Pensana's Coola exploration team and SOEMTO, a local Angolan drilling contractor and engineering service provider.

Core sampling was conducted at 1-meter intervals, and the use of handheld XRF analyzers on-site enabled SOEMTO to carry out real-time interpretation efficiently, with verification performed by Pensana's experienced technical team.
 
I need to look into this further @Fundamental

But quick question...if Longonjo is so large, and only just started mining it...why are they looking for more supply now? Wouldn't the constraint be in the processing?
 
I need to look into this further @Fundamental

But quick question...if Longonjo is so large, and only just started mining it...why are they looking for more supply now? Wouldn't the constraint be in the processing?
Hi John, it is a condition of their and every one else's mining license, that a work program is agreed with the relevant ministry, and that the work program is complied with, or they stand a chance of the license being revoked. hope this helps; That and the grant they received from the DFC for 3.4 million USD had further exploration of the Coola license as one of its reason for being given. the 3.4 million was a 1:1 funding match between Pensana and the DFC
 
Hi John, In addition to Ian's comment, there is a fair indication that the Coola deposits could have a higher HREE content than Longonjo. Historic samples taken by Portuguese geologists back in the 1960', returned RE assays 3x higher than Longonjo
 
Back
Top