Source: Pursuit Minerals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Pursuit Minerals (PUR) progresses exploration activities at its Warrior project in Western Australia, after reporting assays and implemented a land access agreement
  • The company reported assays from resampling at the Phil’s Hill target in the Calingiri East tenement, noting “significant” anomalism
  • A refocussed drilling program is currently being planned for the target area, upon aircore drilling assays
  • Meanwhile, at Calingiri West a ground moving loop EM survey is being planned at the Anzac Hill prospect after securing a land access agreement
  • Shares are trading 4.76 per cent lower today at 2 cents each

Pursuit Minerals (PUR) has progressed exploration activities at its Warrior project in Western Australia, after reporting assays and executing a land access agreement.

The company reported assays from its resampling exercise conducted at the Phil’s Hill target in the Calingiri East tenement, noting “significant” anomalism.

One hole intersected up to 7.5 metres at 6 grams per tonne (g/t) of silver including one metre at 14.4 g/t of silver from three metres.

A refocussed drilling program is currently being planned for the target area, upon the receipt aircore drilling assays.

Over at the Calingiri West tenement, a land access agreement has been secured at the Anzac Hill prospect, with plans to complete a ground moving loop EM (MLEM) survey in the near future.

The company noted a significant late-time anomaly discovery at the new prospect of Embayment. A MLEM survey is planned to commence in the area as soon as possible.

At the Bindi Bindi tenement, the field auger sampling program has been pushed back due to delays from programme of work (POW) applications. The auger sampling will begin once its POW is approved.

Shares were trading 4.76 per cent lower today at 2 cents each at 2:53 pm AEST.

PUR by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…