Perpetual Resources Ltd.ASX: PEC

New Pegmatite Target Identified at Pico Grande

· Issued by Perpetual Resources Ltd.

Filed with ASX · · 23 pages · English

Summary by 6ix AI

Perpetual Resources Ltd. has announced the identification of a new pegmatite target at the Pico Grande Prospect following soil sampling at the Igrejinha Project in Brazil. The results indicate a significant caesium-rubidium-gallium anomaly, interpreted as a concealed pegmatite body, which is expected to be further explored through trenching and drilling. This discovery adds to the existing Morro Grande and Mauricio targets, highlighting the project's potential for critical minerals. The company plans to commence trenching in the coming months to assess these anomalies ahead of a mid-year drilling campaign.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Perpetual Resources Ltd. on 6ix

Earlier from Perpetual Resources

Later from Perpetual Resources

All Perpetual Resources news releases