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Perpetual Resources Limited (ASX:PEC)

ALERT: Price-sensitive ASX Announcement for PEC
Current share price for PEC : $0.015 0.006 (66.67%)+
Announcement
Release
7 Nov 2025 8:22AM
Price at Release
$0.009
Full Release
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Summary
Perpetual Resources Limited (ASX:PEC) announced exceptional high-grade caesium assay results from their Morro Grande prospect, part of the Igrejinha Project located in Brazil's Lithium Valley. The overlimit laboratory analysis confirmed caesium grades reaching up to 28.3% Cs2O from rock chip samples collected from historical pollucite mine waste dumps. These findings not only validate the high-grade mineralisation at Morro Grande but also highlight its potential as one of the most promising caesium-rich pegmatite systems globally. The company plans further exploration to assess the depth and continuity of these high-grade lenses, including follow-up diamond drilling programs. This development supports Perpetual's focus on exploring and developing critical minerals essential for global new energy requirements.
Key Points
  • Exceptional caesium grades up to 28.3% Cs2O confirmed at Morro Grande.
  • Results from rock chip samples collected from historic pollucite mine waste dumps.
  • Morro Grande is part of the Igrejinha Project in Brazil's Lithium Valley.
  • Findings validate significant high-grade mineralisation and pegmatite system potential.
  • Further exploration and follow-up diamond drilling planned at Morro Grande.
  • Perpetual Resources focuses on critical minerals for global energy needs.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.