Expansion Boosts Perpetuals Lithium Prospects in Itinga Valley

Perpetual Resources Limited (ASX: PEC) has significantly expanded its Itinga exploration area in Brazil's Lithium Valley through two option agreements. The new land holds confirmed lithium soil anomalies and rock chips with up to 2.1% Li2O. These acquisitions enhance Perpetual's presence, aligning with existing prospects and extending pegmatite trends.

Chairman Julian Babarczy emphasizes the strategic value of this expansion, citing the highest-grade LIBS results to date. These findings accelerate the identification of drill-ready targets, reinforcing Itinga as a prime exploration region within Perpetual's portfolio. The imminent commencement of work programs underscores the company's commitment to capitalize on the region's high prospectivity.

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