Pioneer Lithium Limited (AU:PLN) has released an update.
Pioneer Lithium Limited has finished a 300-meter exploratory drilling campaign at its Verde Valor project in Bahia, Brazil, targeting radiometric anomalies indicative of Rare Earth Elements (REEs). The company drilled 32 holes to assess geological profiles and REE concentrations, with the site’s proximity to infrastructure and significant geological findings suggesting potential for valuable mineral deposits. Executive Chairman Robert Martin anticipates assay results to further determine the tenements’ prospectivity for REE-bearing ore.
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