Patagonia Lithium Limited (AU:PL3) has released an update.
Patagonia Lithium Limited has announced the grant of an exploration concession in Brazil’s Lithium Valley Project, covering 1734.22 hectares for rare earth elements (REE), with 24 additional applications pending. The company plans to target areas with high geophysical indications of uranium, thorium, and potassium for potential REE ionic clay deposits. Their exploration strategy is focused on leveraging the unique geological features of the Serra Negra Group, known for its rare earth-rich carbonatites, and employing advanced techniques like high-resolution spectral data from drones.
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