Perpetual Resources Launches Maiden Drilling at Brazil’s Igrejinha Lithium Project
Perpetual Resources is set to commence its first-ever drilling campaign at the Igrejinha Lithium Project in Brazil’s Lithium Valley, targeting high-grade spodumene pegmatites with results expected in July.
- Maiden 1,500m reverse circulation drilling program to start June 5
- Multiple high-priority drill targets confirmed by recent soil sampling and trenching
- Focus on high-grade spodumene-bearing pegmatites with strike and depth extensions
- All environmental permits and land access agreements secured
- Experienced contractor ServDrill Brazil engaged for drilling operations
Breaking New Ground in Brazil’s Lithium Heartland
Perpetual Resources Ltd (ASX – PEC) is embarking on a significant milestone with the commencement of its maiden drilling program at the Igrejinha Lithium Project, located in the prolific Lithium Valley of Minas Gerais, Brazil. This project represents the company’s first direct test of spodumene-bearing pegmatites, a critical source of lithium essential for the global transition to clean energy.
Recent exploration activities, including soil sampling, auger drilling, and trenching, have delineated multiple high-impact drill targets. Notably, the construction of trenches has exposed new spodumene and pollucite mineralisation, reinforcing the potential for along-strike extensions of the known high-grade mineralised zones. These findings have provided a robust foundation for the upcoming drilling campaign.
Strategic Drilling Program and Operational Readiness
The planned reverse circulation drilling program will cover approximately 1,500 metres, focusing on testing both the depth and lateral extensions of the spodumene pegmatites identified at surface. The drill sites have been carefully selected based on comprehensive geological and geochemical data, with locations currently indicative and subject to refinement as drilling progresses.
Perpetual has secured all necessary environmental approvals and landowner agreements, ensuring smooth operational access. The company has also completed the construction of access tracks and site infrastructure, enabling the mobilisation of ServDrill Brazil, a tier-one drilling contractor with a proven track record in lithium exploration across the region. Drilling is scheduled to commence on June 5, 2025, with assay results anticipated in July.
Implications for Perpetual and the Lithium Market
Exploration Manager Allan Stephens expressed optimism about the project’s potential, highlighting the consistency of high-grade assay results and multispectral analyses that underpin confidence in the scale of mineralisation. The ability to drill directly into outcropping spodumene zones presents a compelling opportunity to unlock value in a strategically located asset within one of the world’s most promising lithium provinces.
Perpetual’s move into active drilling marks a pivotal step in advancing the Igrejinha Project from early-stage exploration towards resource definition. Given the global surge in lithium demand driven by electric vehicle and battery storage markets, successful drilling outcomes could significantly enhance the company’s profile and attract further investment interest.
While visual observations of mineralisation are encouraging, the company cautions that laboratory assays remain essential to accurately quantify lithium grades and economic potential. Investors will be watching closely for the July assay results, which will provide the first substantive data from this maiden drill campaign.
Bottom Line?
As Perpetual Resources drills into Brazil’s Lithium Valley, the coming assay results will be crucial to defining the project’s true potential.
Questions in the middle?
- Will the upcoming assay results confirm the high-grade lithium potential suggested by surface sampling?
- How might successful drilling influence Perpetual’s plans for further exploration or development funding?
- What are the implications of the spodumene and pollucite mineralisation for the broader Lithium Valley region?
