Perpetual Resources Ltd. (AU:PEC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Perpetual Resources Ltd’s exploration at the Isabella Lithium Project in Brazil’s Lithium Valley has uncovered multiple spodumene-bearing pegmatite trends, with trends stretching up to 800 meters and high-grade lithium samples of up to 5.62% Li2O. Positioned adjacent to other significant lithium projects, the company’s successful preliminary findings suggest the potential for Isabella to become a noteworthy spodumene contributor in the region. With preliminary rock chip results expected soon, Perpetual is advancing its sampling campaign and gearing up for a maiden drilling campaign in the first half of 2025.
For further insights into AU:PEC stock, check out TipRanks’ Stock Analysis page.