Friday, April 23, 2021

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Perpetual Resources: Applies for new mining lease at Beharra

  • Perpetual Resources (PEC) has applied for a new mining lease within its Beharra Project in Western Australia
  • The mining lease covers 1037 hectares and includes Beharra’s entire ore reserve estimate and the mineral resource estimate
  • Excitingly, this marks another significant milestone, following on from the recently upgraded mineral resource and completing a pre-feasibility study
  • Perpetual will now conduct various studies to support the mining lease being approved
  • It will also commence a feasibility study ahead of making a final investment decision for the silica sands project
  • Company shares are up an even 10 per cent to trade at 8.8 cents

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