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An update from Perpetual Resources ( (AU:PEC) ) is now available.
Perpetual Resources has identified a new lithium-bearing pegmatite trend over 400 meters at the Mauricio Target in Brazil’s Lithium Valley, enhancing the strategic value of its Igrejinha Project. This discovery underscores the potential for additional mineralized bodies within the region and solidifies Perpetual’s position in a globally significant lithium district. The company is actively pursuing exploration activities, including soil and trenching programs, to delineate further lithium systems and prepare for the next phase of drilling in 2026, with pending laboratory results expected to guide future exploration efforts.
More about Perpetual Resources
Perpetual Resources Limited is an ASX-listed company engaged in the exploration of lithium, with a focus on advancing its projects in Brazil’s Lithium Valley. The company is one of the few in its sector to continue active exploration during market downturns, leveraging its technical expertise and strategic land positions in key mineral-rich areas.
YTD Price Performance: -23.08%
Average Trading Volume: 3,388,146
Technical Sentiment Signal: Sell
Current Market Cap: A$9.46M
See more data about PEC stock on TipRanks’ Stock Analysis page.