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Perpetual Resources ( (AU:PEC) ) just unveiled an announcement.
Perpetual Resources has commenced a systematic trenching program at its Igrejinha Lithium and Caesium Project in Minas Gerais, Brazil, aiming to refine multiple LCT-type pegmatite targets ahead of a planned mid-2026 diamond drilling campaign. The work will initially focus on the Mauricio, Morro Grande and Pico Grande (to be renamed Caraiba) targets, using trenching to expose pegmatite bodies, map their geometry and improve drill hole planning.
The program is intended to confirm pegmatites associated with soil anomalies, better understand sub-surface orientation and identify mineralised zones that could enhance the quality of upcoming drill targets. In parallel, Perpetual is advancing planning for the next phase of exploration at its Renaldinho Project, underscoring the regional-scale potential of its Brazilian Lithium Valley landholding and reinforcing its strategic push into key battery metal jurisdictions.
More about Perpetual Resources
Perpetual Resources Ltd is an Australian-listed exploration company focused on lithium and caesium projects within Brazil’s so-called Lithium Valley in Minas Gerais. The company is targeting LCT-type pegmatite systems across several prospects, positioning itself to tap growing demand for battery minerals through early-stage exploration and resource definition activities.
YTD Price Performance: 20.0%
Average Trading Volume: 1,528,552
Technical Sentiment Signal: Sell
Current Market Cap: A$10.5M
Find detailed analytics on PEC stock on TipRanks’ Stock Analysis page.