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Perpetual Resources Unveils Promising Caesium Discovery at Igrejinha Project

Story Highlights
  • Perpetual Resources focuses on lithium and caesium exploration in Brazil’s ‘Lithium Valley’.
  • Drilling at Igrejinha reveals 200m LCT pegmatite strike, indicating significant caesium potential.
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Perpetual Resources Unveils Promising Caesium Discovery at Igrejinha Project

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Perpetual Resources ( (AU:PEC) ) has shared an announcement.

Perpetual Resources Limited has announced a significant discovery at its Igrejinha Project in Brazil, where maiden drilling has intersected a 200-meter continuous strike of LCT pegmatite, indicating substantial scale potential. The discovery includes spodumene and potentially high-value pollucite, positioning Igrejinha as a notable caesium exploration site globally. With half of the drilling program still underway, the company anticipates further insights into the project’s potential, which could enhance its strategic importance in the global caesium market.

More about Perpetual Resources

Perpetual Resources Limited is a company engaged in the exploration and development of mineral resources, with a focus on lithium and caesium. The company operates in Brazil’s ‘Lithium Valley’, targeting strategic mineral deposits.

YTD Price Performance: -7.69%

Average Trading Volume: 1,264,270

Technical Sentiment Signal: Sell

Current Market Cap: A$10.48M

Learn more about PEC stock on TipRanks’ Stock Analysis page.

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