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Perpetual Resources ( (AU:PEC) ) has shared an update.
Perpetual Resources Ltd has identified a significant lithium-soil anomaly at its Igrejinha Project, extending over 1.4 km, with potential for further mineralization. A new lithium target has also been discovered at the SE Anomaly, located within a promising corridor near major lithium producers. The company is set to begin a maiden 1,500m RC drilling program in early June, aiming to unlock further value from its flagship project.
More about Perpetual Resources
Perpetual Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company is engaged in identifying and developing high-grade lithium-bearing pegmatite deposits, with a strategic focus on projects located within Brazil’s renowned Lithium Valley.
Average Trading Volume: 1,897,090
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.48M
For detailed information about PEC stock, go to TipRanks’ Stock Analysis page.