Perpetual Resources Ltd. (AU:PEC) has released an update.
Perpetual Resources Ltd has reported the discovery of significant lithium soil anomalies at its Itinga project, with soil sampling revealing high lithium index values indicative of a robust lithium province. The company also initiated preliminary explorations at two additional Brazilian prospects, Ponte Nova and Paraiso, and secured an option to expand its land holdings in the region. These findings, particularly at Itinga, demonstrate the area’s potential for lithium mineralization, consistent with nearby lithium discoveries.
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