Perpetual Resources Advances High-Grade Lithium Project at Igrejinah

March 10, 2025 11:00 AM AEDT | By Team Kalkine Media

Perpetual Resources Advances High-Grade Lithium Project at Igrejinah — Image source: Shutterstock

Historical Insights and Future Prospects

Building on historical mining activities from the 1980s, which focused on pollucite, spodumene, and tourmalines, existing access tracks remain in place, facilitating an efficient transition to drilling. The Igrejinah project has consistently returned high-grade lithium results of over 4% Li2O, aligning with past assays that reached up to 7.6% Li2O.

Perpetual Resources (ASX:PEC) is strategically poised to start its drilling operations by the second quarter of 2025. This step forward is supported by the company’s confidence in the project's economic potential, further bolstered by exceptional rock chip results along the strike from nearby projects.

Strategic Engagement and Ongoing Preparations

The exploration team has initiated engagement with local landowners in Araçuaí through K2 Mineração, leveraging established land access agreements. This collaborative approach is fundamental to the project’s ongoing success, with PEC's exploration manager, Allan Stephens, relocating to Brazil to oversee the upcoming drill program and broader project development.

The focus will now involve combining soil sampling, auger drilling, and rock chip analysis with LiDAR, multispectral, and structural data to refine the next phase of exploration. The company is finalizing a drill contract anticipated to begin in Q2 2025, employing the same experienced contractor engaged by other prominent players in the region.

Assay results and updates on exploration targets are expected to be announced shortly, setting the stage for what promises to be a transformative year for Perpetual Resources as they expand their footprint in one of the world’s most promising lithium locales.

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