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News: PEC Perpetual Resources Enter Binding Option Agreement To Acquire Exploration Tenement..., page-6

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    "Perpetual acknowledges that the tenements under Option have not undergone any exploration activities
    to date, and as a result, the existence of pegmatites and/or lithium mineralisation remains uncertain.
    Nonetheless, a comprehensive desktop review of the regional and local geology, along with the
    presence of significant spodumene mining and development activities in close proximity, offers
    supplementary evidence supporting the potential of the tenements."
 
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