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An announcement from Perpetual Resources ( (AU:PEC) ) is now available.
Perpetual Resources has confirmed a major lithium-caesium-tantalum (LCT) pegmatite discovery at its Renaldinho Project in Brazil, with rock samples demonstrating high grades of lithium oxide (Li₂O), peaking at 2.56%. This discovery, alongside mapped pegmatite swarms and geochemical insights, positions Renaldinho as a priority exploration target and underscores the project’s alignment with Tier-1 Brazilian lithium deposits. The company plans to prioritize drilling efforts in 2026, strengthening its exploration pipeline in the region.
More about Perpetual Resources
Perpetual Resources Ltd is a mining exploration company focused on identifying and developing mineral resources, with particular interest in lithium exploration projects. The company operates primarily in Brazil’s Lithium Valley region, a globally recognized hub for lithium extraction.
YTD Price Performance: -23.08%
Average Trading Volume: 3,866,326
Technical Sentiment Signal: Sell
Current Market Cap: A$8.11M
For a thorough assessment of PEC stock, go to TipRanks’ Stock Analysis page.