Perpetual Resources Excels in Rare Earth Discovery

Perpetual Resources Ltd. (AU:PEC) has released an update.

Perpetual Resources Ltd has reported promising results from their Raptor REE Project, with newly drilled holes revealing high-grade Rare Earth Oxides (TREO) of up to 6,327ppm. These findings expand the project’s potential across two licenses, with significant concentrations of the more valuable Neodymium-Praseodymium (Nd+Pr) components. The results indicate a large-scale, high-grade mineralization, suggesting the project’s capability to host a significant rare earth element discovery.

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