Patagonia Lithium Limited (AU:PL3) has released an update.
Patagonia Lithium Limited has announced the granting of a new exploration concession in Brazil’s ‘Lithium Valley’, covering 1734.22 hectares near Agua Boa, with a focus on extracting rare earth elements (REE) from ionic clays. The concession is part of a larger exploration initiative, with 24 additional applications pending, aimed at leveraging the geologically rich Serra Negra Group region known for its carbonatite-associated rare earth deposits. The company plans to employ advanced techniques, including drone spectral data acquisition, to explore these deposits further.
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