Pinnacle Minerals Ltd (ASX: $PIM) Quarterly Report Highlights

Pinnacle Minerals Ltd (ASX: $PIM) has released its quarterly report for the period ending 31 March 2024, showcasing significant progress in its lithium and rare earth projects. The company received rock chip assay results from Adina East and Lac Rug Lithium Projects, revealing rubidium enrichment and potential for spodumene-bearing pegmatite. Additionally, an exclusive option was entered for the Manna West Lithium Project, and uranium targets were identified at the Wirrulla Project in South Australia. Pinnacle Minerals also submitted a Program of Environmental Protection and Rehabilitation (PEPR) application for planned uranium and rare earth element (REE) drilling at Wirrulla.

Pinnacle Minerals Managing Director, Nic Matich, on 2024 exploration plan

Following the acquisition of the Adina East Lithium Project in 2023, Pinnacle has transitioned to a technology and battery metals explorer. The Company is excited to deliver upon its 2024 exploration plan and the exploration results that it will bring.

Outlook for Pinnacle Minerals

Pinnacle Minerals has made significant strides in its exploration activities, with a focus on lithium and rare earth projects. The company's exclusive option for the Manna West Lithium Project and identification of uranium targets at the Wirrulla Project demonstrate its commitment to expanding its portfolio. With a strong cash position and ongoing exploration plans, Pinnacle Minerals is well-positioned to capitalize on the potential of its projects and deliver value to its investors.