Perpetual Resources starts exploration at new project in Brazil’s Lithium Valley

Stockheads08-16

PEC to commence ground reconnaissance at new Isabella lithium project Previous due diligence has already identified 5.62% Li2O from outcropping pegmatite Extensive occurrence of artisanal mines ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2459352132?lang=en_US&edition=fundamental","thumbnail":"https://stockhead.com.au/wp-content/uploads/2024/08/PEC-Hero-Pic-2-1-640x360.jpg","is_english":true,"pubTime":"2024-08-16 09:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2459352132","market":"us","top_or_hot":-1,"title":"Perpetual Resources starts exploration at new project in Brazil’s Lithium Valley","media":"Stockheads","content":"<div>\n<p>PEC to commence ground reconnaissance at new Isabella lithium project\nPrevious due diligence has already identified 5.62% Li2O from outcropping pegmatite \nExtensive occurrence of artisanal mines ...</p>\n\n<a href=\"https://stockhead.com.au/resources/perpetual-resources-starts-exploration-at-new-project-in-brazils-lithium-valley/\">Source Link</a>\n\n</div>\n","source":"stockheads_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Perpetual Resources starts exploration at new project in Brazil’s Lithium Valley</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPerpetual Resources starts exploration at new project in Brazil’s Lithium Valley\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-16 09:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://stockhead.com.au/resources/perpetual-resources-starts-exploration-at-new-project-in-brazils-lithium-valley/><strong>Stockheads</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PEC to commence ground reconnaissance at new Isabella lithium project\nPrevious due diligence has already identified 5.62% Li2O from outcropping pegmatite \nExtensive occurrence of artisanal mines ...</p>\n\n<a href=\"https://stockhead.com.au/resources/perpetual-resources-starts-exploration-at-new-project-in-brazils-lithium-valley/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://stockhead.com.au/resources/perpetual-resources-starts-exploration-at-new-project-in-brazils-lithium-valley/","article_id":"2459352132","we_media_id":null,"thumbnails":["https://stockhead.com.au/wp-content/uploads/2024/08/PEC-Hero-Pic-2-1-640x360.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2459352132","pubTimestamp":1723770842,"sourceInfo":{"source_id":"stockheads_stock","name":"Stockheads"},"weMediaInfo":null,"summary":"PEC to commence ground reconnaissance at new Isabella lithium project. Previous due diligence has already identified 5.62% Li2O from outcropping pegmatite. Extensive occurrence of artisanal mines expected to provide fertile exploration potential. Project sits near Das Neves and Sao Jose lithium projects in Brazil","collect":0,"end_time":0,"defaultTopTitle":"stockhead.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4168":"多种金属与采矿","ATLX":"Atlas Lithium Corporation","BK4188":"贵重金属与矿石","SGML":"Sigma Lithium Corporation"},"translate_title":"Perpetual Resources开始勘探巴西锂谷新项目","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATLX":1,"SGML":1},"content_text":"PEC to commence ground reconnaissance at new Isabella lithium project\nPrevious due diligence has already identified 5.62% Li2O from outcropping pegmatite \nExtensive occurrence of artisanal mines expected to provide fertile exploration potential \nProject sits near Das Neves and Sao Jose lithium projects in Brazil\nExploration expected to inform future drill targets\nSpecial Report: Perpetual Resources has begun maiden exploration at its recently acquired Isabella lithium project in Brazil’s prolific Lithium Valley.The 962ha license is adjacent to two confirmed spodumene projects, including Atlas Lithium’s (NASDAQ:ATLX) Das Neves project, where an intersection of 1.47% Li2O over 95.2 meters was reported and a lithium processing plant is expected to come online in Q4 2024.It’s also close to Sigma Lithium’s (NASDAQ:SGML) Southern Complex (Sao Jose project), which has multiple historical lithium mining activities as well as a current advanced spodumene exploration project.Perpetual Resources (ASX:PEC) is commencing an aggressive strategy of prospectivity assessment through ground reconnaissance work, focusing on the known spodumene-bearing artisanal mines and conducting in-depth assessments of pegmatite occurrences in the region.Regional map of the newly acquired tenement area adjacent to Atlas Lithium and Sigma Lithium. Pic via PECAdvanced greenfield opportunity in prime jurisdictionIsabella is considered a greenfield opportunity with no known contemporary modern exploration conducted, having previously been explored and mined for semi-precious gemstones and ornate granite rather than lithium.Plus, previous limited rock chip sampling undertaken by Perpetual has confirmed up to 5.62% Li2O from outcropping spodumene-bearing pegmatites.Coarse spodumene (left) and in-situ spodumene located within an artisanal mine (right). Pic via PECThe company says this underpins a compelling advanced exploration project in a jurisdiction that has confirmed potential for large scale spodumene mineralisation.This first-pass surface exploration is expected to yield high-potential lithium anomalies, and the results – expected in 3Q CY24 – will inform the establishment of phase two drill target selection.The Brazilian lithium sector was supercharged this week as Pilbara Minerals (ASX:PLS)  lobbed a $560 million scrip takeover of Latin Resources (ASX:LRS) , owner of the Salinas lithium project.It will heighten interest in Brazilian explorers, earmarking Minas Gerais’ Lithium Valley – where Perpetual is exploring – as the next major spodumene producing jurisdiction in the West outside WA.This article was developed in collaboration with Perpetual Resources, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Explore More   Investor Guide: Battery Metals FY2023","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2459352132"}