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Perpetual Resources Confirms High Caesium Grades at Morro Grande

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Perpetual Resources Confirms High Caesium Grades at Morro Grande

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Perpetual Resources ( (AU:PEC) ) has issued an update.

Perpetual Resources has announced significant caesium grades from its Morro Grande prospect, part of the Igrejinha Project in Brazil’s Lithium Valley. The overlimit laboratory analysis confirmed high caesium concentrations in rock chip samples from historic pollucite mining areas, reinforcing Morro Grande’s potential as a major caesium-rich pegmatite system. These findings enhance the company’s confidence in the site’s mineralization prospects and position Morro Grande as a leading caesium source globally, with plans for further exploration and drilling.

More about Perpetual Resources

Perpetual Resources Limited is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is engaged in projects within Brazil’s Lithium Valley, with a particular emphasis on caesium and other critical minerals.

YTD Price Performance: -23.08%

Average Trading Volume: 3,586,419

Technical Sentiment Signal: Sell

Current Market Cap: A$9.46M

For a thorough assessment of PEC stock, go to TipRanks’ Stock Analysis page.

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