​​The Isabella Project is located in the heart of the Araçuaí Pegmatite District, within the Eastern Brazilian Pegmatite Province (EBPP)—home to one of the world’s largest lithium-rich pegmatite populations. This region is a global leader in high-purity lithium production, driven by prominent operations such as CBL’s Cachoeira Mine and Sigma Lithium Corp.’s Grota do Cirilo Mine. Notably, the emerging Atlas das Neves Project, situated less than 10 km from PEC's license area, further underscores the strategic importance of this lithium hub.​

 

Exploration and Development at the Isabella Project:

Perpetual’s initial exploration at the Isabella Project has yielded high-grade lithium rock chip samples, highlighting the project's scalability and potential for an expanded footprint. The license area boasts a rich history of artisanal mining, which focused on fractionated, high-potential LCT (lithium-cesium-tantalum) and SRP (Spodumene Rich Pegmatites) pegmatites. Early findings indicate significant potential for LCT-type mineralization.

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Perpetual is conducting aggressive geochemical exploration to build a comprehensive dataset, essential for identifying high-priority drill targets. Development efforts over the coming months will include further reconnaissance sampling, detailed mapping, and strategic planning, with drilling scheduled for early 2025.

 

Strategically located near Atlas’ Das Neves Project and the Araçuaí lithium hub, the Isabella Project represents a compelling opportunity within Perpetual’s portfolio, poised to capitalize on the region’s growing prominence in lithium production.​​​

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Key Milestones:

• High-Grade Lithium Discoveries: Rock chip samples with grades of up to 5.62% Li₂O.

• Scalable Mineralization Trends: Multiple rock chips exceeding 1% Li₂O, indicating extensive mineralization potential.

• Artisanal Mining Evidence: Tunnels extending up to 150 meters into fresh rock, specifically targeting pegmatite zones.

• Expansion Potential: Significant opportunities to enlarge the mineralized footprint through ongoing exploration.