Pioneer Lithium Expands REE Discovery in Brazil

Pioneer Lithium Limited (AU:PLN) has released an update.

Pioneer Lithium Limited has announced significant rare earth element (REE) discoveries at its Verde Valor project in Brazil, following a 300m exploratory auger drilling campaign. The company has identified new drilling targets through geophysical mapping and staked an additional 2,000 hectares adjacent to high-grade REE concentrations. This advancement in exploration aims to prioritize areas with the highest potential for REE discovery and will be complemented by detailed geological mapping to understand the deposit’s genesis fully.

For further insights into AU:PLN stock, check out TipRanks’ Stock Analysis page.