Perpetual Resources Ltd. (AU:PEC) has released an update.
Perpetual Resources Ltd has launched its first drilling program at the Raptor REE Project in Brazil, targeting depths up to 20 meters in a region known for high-grade rare earth elements (REE). The project is strategically positioned near a major REE deposit and initial results from surface sampling are promising, with further detailed findings expected in the coming months. The company’s rapid progression to drilling highlights the potential for significant discoveries within the highly prospective Caldeira complex.
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