PEC perpetual resources limited

Ann: Perpetual to Drill High-Grade Igrejinha Lithium Project, page-4

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    LRS planned a total of 14 diamond drill holes initially to test the outcropping high grade Li bearing pegmatites (2022) at Salinas bare in mind slightly cheaper then, so if you average that to 250m depths it would be 3.5km. We are doing 1.5km for $500k so fairly similar LRS had $1m and fortunately they hit Li bearing Spodumene crystals early. Their rock chips were 1.4% - 2.7% PEC's are much higher at over 7% with a 1m channel at 3.26%. So the comparison to me leans toward better grades from this outcrop just need some depth now.
 
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