Perpetual Resources Confirms High-Grade Lithium and Critical Minerals in Brazil
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Perpetual Resources has confirmed a high-grade lithium and critical minerals discovery at its Igrejinha Project in Brazil, with drilling revealing significant lithium, caesium, tantalum, tin, and tungsten. The company also reported a new discovery at the Renaldinho project, with lithium grades reaching 7.08% Li2O. Plans for follow-up drilling are underway, alongside evaluations for its Raptor Rare Earth Project and metallurgical tests at the Beharra silica project. The current analyst rating for Perpetual Resources (AU:PEC) is a Sell with a price target of A$0.01, and the company has a market cap of A$9.55M.
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