Perpetual Resources confirms high-grade lithium at newly acquired Renaldinho project

2 min read | March 23, 2025 11:00 AM AEDT | By Team Kalkine Media

Perpetual Resources confirms high-grade lithium at newly acquired Renaldinho project — Image source: Shutterstock

Strategic Acquisitions and Field Discoveries

The Renaldinho licence, acquired in February 2025, revealed a 2.1-kilometer corridor of lithium-bearing spodumene. During the initial sampling, seven out of thirty samples exhibited greater than 1% lithium oxide, with one sample recording a remarkable 3.7% Li2O. The licence is part of a trio, expanding PEC's footprint significantly in a region recognized for its extensive lithium production.

Historically, Renaldinho focused on gemstones like beryl, elbaite, and indicolite. Current findings confirm spodumene-rich pegmatites, reinforcing the area's lithium prospectivity.

Regional Positioning and Exploration Initiatives

The strategic location of PEC’s licences, within 5 kilometers of existing major lithium operations, underscores the Araçuaí District's Tier-1 potential. Principal areas, such as Sigma’s Xuxa and CBL’s Coacheria mines, highlight the district's prolific nature.

Beyond Renaldinho, a fourth spodumene trend has been identified at the Isabella project, supported by recent fieldwork discovering Trend 4. These developments suggest a structured system of parallel-stacked pegmatites, with Trend 1 previously yielding up to 6.8% Li2O.

Ongoing Efforts and Future Prospects

An accelerated exploration program led by Perpetual Resources aims to delineate and prioritize new drilling targets. The focus is set on comprehensively assessing the Igrejinah project, known for substantial spodumene outcrops.

Preparations are advancing for a Q2 2025 drilling program, with the finalization of drilling contractors marking a step towards verifying the significant spodumene mineralisation already identified across PEC's licences.

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