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Pure Resources (ASX:PR1) focuses on other projects as flooding disrupts work at Killarney, WA

ASX News, Mining
ASX:PR1      MCAP $6.671M
01 March 2023 15:39 (AEDT)

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Pure Resources (PR1) has paused field work at its Killarney project near Halls Creek in Western Australia due to flooding.

Despite the impact on its planned ground activities, Executive Chairman Patric Glovac said the company remained focused on exploring the project’s potential through aerial electromagnetic survey work and ongoing geophysical interpretation.

Mr Glovac also said the company is committed to continuing exploration, with significant field programs and drilling planned across its projects for the year ahead.

At its Yundamindra project in WA, Pure is poised for a 3000-metre drilling campaign after receiving departmental and Native Title approvals.

This round of work is following up on previous auger drilling that identified a contiguous nickel geochemical anomaly and returned a top assay of 1.38 per cent nickel.

Pure has also engaged Apex Geoscience to expand its initial reconnaissance program at its recently-acquired Laforge project in Canada with a field program, to be followed by drilling.

Meanwhile, assay results from drilling completed at both the Mount Monger and Yandal projects are expected in the coming weeks.

PR1 shares were up 5.8 per cent trading at 32 cents at 3:33 pm AEDT.

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