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Perpetual Resources Limited (ASX:PEC)

ALERT: Price-sensitive ASX Announcement for PEC
Current share price for PEC : $0.015 -0.005 (-25%)+
Announcement
Release
15 Jul 2026 9:23AM
Price at Release
$0.020
Full Release
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Summary
Perpetual Resources Limited (ASX: PEC) completed its maiden site visit to the Nevada Scheelite Tungsten Project in Mineral County, Nevada, USA. This visit marked the company's first on-ground technical assessment since entering an agreement to acquire the asset. The site inspection included assessing historical infrastructure, surface workings, and geological features like skarn-limestone contacts. Classic skarn minerals such as garnet and pyroxene were identified, validating the historical tungsten skarn model. Six rock chip samples were collected for analysis, with results pending. This foundational assessment supports further technical work, including data compilation and 3D geological modeling.
Key Points
  • Perpetual Resources completed a maiden site visit to Nevada Scheelite Tungsten Project.
  • The visit marked the first technical assessment since acquiring the project.
  • Site inspection included historical infrastructure and geological features.
  • Skarn-limestone contacts were mapped, and classic skarn minerals were identified.
  • Six rock chip samples were collected; results are pending.
  • The assessment supports further technical work and modeling.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.