Patagonia Lithium Limited (AU:PL3) has released an update.
Patagonia Lithium Ltd reported a significant reduction in losses and continued lithium exploration in Argentina and Brazil, with outstanding assay results from their first drilling in Argentina. The company has been granted most of the exploration concessions applied for in Brazil, with potential for rare earths and niobium. Additionally, Patagonia has strengthened its financial position by securing $400,000 through the issue of convertible notes.
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