Patagonia Lithium Limited (AU:PL3) has released an update.
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Patagonia Lithium Limited has secured a key lithium and rare earth element concession in Brazil’s Aracuai Lithium Valley, expanding their seven-concession package near the operational Sigma Lithium mine. With 22 of their 25 concessions now authorized, the company is exploring the area’s potential for additional minerals such as antimony, niobium, and gold due to the favorable geological conditions. The newly acquired rights cover three years of exploration over a 1957.31Ha area, marking a significant step forward in Patagonia’s resource development efforts.
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