To receive ALL our alerts fill out your details below. Learn More. PUR will acquire 100% of its Tier 1 Warrior PGE-Nickel-Copper Project, which is only between 20 kilometres and 170 kilometres to the north of Chalice Gold Mines Ltds Gonneville Julimar discovery. PUR pursuit minerals ltd Ann: Top 20 Shareholders ASX News 851 23/08/17 18:27 Post #: 26703681 Share Release Date: 23/08/17 18:07 Summary: Top 20 Accordingly you should consider how appropriate the advice (if any) is Here are the most important events to keep an eye on for the sake of your stock portfolio. May 1, 2023 | PURs ground covers ~9,260 hectares inside and on the perimeter of the larger Rio Grande salar (salt lake) in Argentina which measures ~27,500 hectares. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Dow Jones, a News Corp Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. We note that hedge funds don't have a meaningful investment in Auteco Minerals. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. The Motley Fool Australia operates under AFSL 400691. The Motley Fool Australia has no position in any of the stocks mentioned. Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements. Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Data supplied by Morningstar and accurate on Sep 19, Past performance is not necessarily indicative of future returns. Objective #1: Drilling program to establish maiden JORC resource estimate. Located inside Argentinas lithium triangle. Following transfer of all tenements, an additional 10,000,000 shares will be issued to the vendor. It focuses on advancing vanadium projects in the world-class mining To have defined focussed quality targets from the preliminary data is very encouraging and we look forward to identifying further targets from the remainder of the Warrior AEM survey and then drill testing the highest priority targets as soon as practicable. May 1, 2023 | Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Gonneville style PGE-Ni-Cu mineralisation is associated with mafic intrusions, which exhibit strong aeromagnetic anomalies. SMARTER, HAPPIER, AND RICHER. Open menu Quick Company Search So, what can ASX 200 investors. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. PUR has a lot of work to do, but given its location, the size of its holding and its similarities to Chalice, we expect it could re-rate quite quickly on success. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. WebGet the latest Pursuit Minerals Ltd (PUR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment MINERAL RESOURCES LIMITED: 126,313,746: 8.11% Lithium is recognised as a critical raw material by the USA, European Union, India, Japan and Australia because of its importance in the lithium-ion battery supply chain. There is always a risk that the market interest for lithium decreases and in turn appetite to invest in companies like PUR decreases. It expects to complete its overall Warrior AEM survey before the end of March. Our bull/base/bear case expectations for the maiden JORC resource is as follows: Bull case = >100kt lithium carbonate equivalent. 296877). PUR is set to acquire the Warrior PGE-Nickel-Copper Project, nestled in the Western Gniess Terrane, sandwiched between CPN and CHN. As noted earlier, Devex Resources Limited (ASX: DEV) and Mandrake Resources Ltd (ASX: MAN) have made very successful forays into the area. WebTop 20 Shareholders About the Data Show All Shareholder Distribution As reported in the most recent Annual Report. Copyright FactSet Research Systems Inc. All rights reserved. Our latest articles and strategies for the post-work life you want. Looking at the acquisition terms, we think they are very reasonable for PUR shareholders. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Navarre Minerals Limited is an Australia-based gold, silver and copper producer. The aeromagnetic data covering the Calingiri West tenement application exhibits a thin belt of north-south trending aeromagnetic anomalies which are interpreted as being due to prospective meta-greenstone belts and intrusive mafic/ultramafic rocks. representative of LeMessurier Securities Pty Ltd (AFSL No. The Company has been engaged by PUR to share our commentary on the progress of our Investment in PUR over time. S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised In his free time, you're likely to find Bernd at the beach or dabbling away on a new work of science fiction. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. About the Data. Secure and increase the performance of your investments with our team of experts at your side. WebPursuit Minerals Ltd is an Australian mineral exploration and project development company. The soaring share price comes following the companys announcement of promising airborne electromagnet (AEM) data from its Calingiri East exploration licence on the Warrior PGE-Ni-Cu project in Western Australia. We want to see PUR drill to depths of ~500m where mineralisation is interpreted to extend to. James Mickleboro. Currently, RAS is focusing on its flagship project Lonely Mine Project. Pursuit Minerals Limited (ASX:PUR) is a junior exploration company that is aiming to make a PGE-Nickel-Copper discovery in Western Australia. Follow-up electromagnetic surveys and soil geochemical sampling will be completed in order to define and prioritise drill targets. It explores projects including the Koitelainen project and Youre viewing a single post only. We are continuously working to improve our web experience, and encourage users to. The Warrior PGE-Ni-Cu Project is located approximately 20-50 kilometers (km) north of Chalice's high-grade Gonneville PGE-Ni-Cu discovery on the Julimar Project. With the acquisition will come four highly prospective land positions (a mix of exploration licences and exploration licence applications), totalling 593 square kilometres. How do Fund Managers Invest in Small Cap Stocks? Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. This does not mean PUR will be able to define a resource of its own, there is always a chance that the ground PUR holds is considered uneconomic and no resource estimate is produced. Join our flagship membership service, Share Advisor. PURs ground sits inside an area where another company has already defined a foreign resource of 2.1mt lithium carbonate equivalent. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. advice. The information contained in this article is general information and is for informational purposes only. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. Pursuit Minerals (ASX: PUR) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. Objective #3: Complete either a definitive feasibility or bankable feasibility study (DFS/BFS). Secure and increase the performance of your investments with our team of experts at your side. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Barchart is committed to ensuring digital accessibility for individuals with disabilities. I took on HotCopper and Lost. Entrepreneur life goes like that - you win some and lose some. & Taxation. Moodys Daily Credit Risk Score is a 1-10 score of a companys credit risk, based on an analysis of the firms Pursuit Minerals (ASX: PUR) is developing an advanced lithium brine project in Argentina. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. It is becoming increasingly apparent that the prospective mafic rocks discovered to date are far more widespread than previously thought. International stock quotes are delayed as per exchange requirements. Source: FactSet. PUR increases the size and scale of its lithium project to a level that warrants putting it into production. Whats driving the Pursuit Minerals (ASX:PUR) share price 35% higher? Lithium is currently trading at all time-highs. By clicking this button, you agree to our. Pursuit Minerals Ltd (ASX: PUR) shares have been placed in a trading halt pending a capital raise. AProfilefor a commodities contract contains theContract Specifications. The company has completed a placement to raise $200,000 through the issue of shares at $0.009 each (the same price as the Companys recent placement and rights issue). The ultimate aim of the drilling program will be to establish a maiden JORC resource estimate for its project. With todays intraday moves taken into account, Pursuit Minerals shares are up 150% year to date. It focuses on advancing vanadium projects in the world-class mining jurisdictions of Finland and Sweden. Known as the Julimar Complex, Chalices discovery was Australias first major palladium discovery, in an entirely new minerals province. The Wubin tenement area contains widespread, but isolated, greenstone remnants. Commenting on the results, Pursuit CEO Mark Freeman said: The PGE-Ni-Cu targets which have been recognised from the preliminary data from the Calingiri East AEM survey block, demonstrate how the application of AEM surveys to PGE-Ni-Cu exploration can rapidly advance a project and generate highly prospective targets for drill testing. The Calingiri West tenement application, E70/5378), is located between the Julimar (Chalice Mines Limited) and Yarawindah (OZ Minerals Limited) Ni-Cu-PGE projects. The information contained in this article is current as at the publication date. 2000 - 2023 HotCopper. WebRagusa Minerals Ltd (RAS, formerly SIV Asset Management Limited) operate in the mineral exploration sector focusing on exploration for gold and associated minerals. The four tenements that make up the Warrior PGE-Nickel-Copper Project are: The first tenement, Calingiri West (E70/5379) is located 10km south of the >600 Million tonne Caravel Cu-Mo project. 40 more messages in Mandrakes Jimperding Project lies approximately 30 kilometres east of Chalice. About the company Risk Analysis -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. Copyright 2023 Surperformance. Chalice backed Caspin in its IPO taking a 10 per cent stake. The score provides a forward-looking, one-year measure of credit Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. The Commando Gold Project is 38 km north from Kalgoorlie Project. This is a high risk, high reward investment. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. Given the company is yet to commence producing any cashflows the need to raise capital may weigh on the companys share price. Tristan Harrison. Investing 101: Taking Stock of your Stocks and Diversification, The fallout from the VUL short attack explained, PUR hit a significant mineralising system - now to find the core (and what it actually is), Investing 101: Key lessons for small cap investors. the Underlying Index. Next Investors invests in companies and shares updates, and commentary on their business execution and progress. Since then, investors have been scouring the market for opportunities to leverage off the discovery of what is an entirely new province, the Western Gneiss Terrane of the famous Yilgarn Craton in WA, which includes CHNs Julimar discovery. There is always a risk that market sentiment impacts PURs ability to raise capital. WebPursuit Minerals Limited (former Burrabulla Corporation Limited, ASX: BUA) is a mineral exploration and project development company advancing copper, zinc and vanadium projects in world-class metals provinces.
With zinc projects in the heart of the Mt Isa Super Basin, Pursuit Minerals is uniquely placed to deliver value as it seeks to discover The West Margin of the Yilgarn Craton is highly prospective for Platinum Group Elements (PGE) and Ni-Cu mineralisation associated with intrusive mafic to ultramafic rocks. The area remains underexplored for base and precious metals due to lack of outcrop, predominance of farmland and the prior focus of exploration companies on bauxite and iron. Should you wish to stay in touch and follow the journey, follow me onLinked In or Twitter.To your investing success!Catch you 'round like a rissole.Kurt. Shareholding changes less than 1% do not require notification to the market. Its very early in PURs new project, but as always we may look to de-risk ~20% in the next 12 months in line with our trading policy, if the price materially re-rates on key milestones. All rights reserved. Gabbro, dolerite and ultramafic rock types have been mapped and logged in drilling results, indicating that the tenement application area does contain the correct rocks to host PGE-Ni-Cu mineralisation. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. Magnetic Resources Limited only completed limited surface sampling and drilling. Our friendly customer service team will happily get back to you as soon as they can. As they were exploring for iron, Magnetic Resources focused their exploration on outcrops of Banded Iron Formations (BIF) and high amplitude aeromagnetic anomalies, which could be due to BIFs. risk, allowing investors to make better decisions and streamline their work ow. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Australia's largest stock trading and investment forum, Algorithmic Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. this thread Last trade - 15.51pm 01/05/2023 (20 minute delay). Project sits inside an already giant resource. Updated daily, it takes into PURs project is located inside the South American lithium triangle, a region home to ~ 50% of the world's lithium production and lithium majors like SQM and Albemarle. Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. Caspin commenced trading last Wednesday and closed at more than double the IPO price: the company is now trading at a premium of more than 200% to the IPO price. PUR Stock Overview Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. What did our investments do this week? A merger would be subject to both a net-benefit review and a national-security review by the federal government, and some observers have pointed out Glencores pursuit of the Canadian company comes at the same time that the government has committed to a national critical minerals strategy as part of its overall climate plan. DIRECTORS. However, half of the drill holes intercepted mafic rocks, anomalous in Au, Cu, As and W, which is a positive indication as mafic rocks are associated with PGE-Ni-Cu mineralisation at Gonneville. advice is general advice only. Inception Date, First Trade Date, and Leverage. Funds, Oil & Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. ONE, VUL all grown up BPM, LCL finding targets. Hear our experts take on shares, the market & how to invest. Pursuit Minerals Ltd (ASX: PUR) shares are off to the races today, up more than 35% to 5 cents in afternoon trading. We have taken a large position in this one, as we see near term upside in the coming months - and beyond: PUR has just announced it is set to acquire a 593km2 tenement package in the terrane, a mere 50km north east of CHNs monstrous discovery. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. 296877). Email: [emailprotected] Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. WebPursuit Minerals Limited (ASX:PUR) is a mineral exploration and project development company focused on PGE-Ni-Cu, Gold and nickel projects in the Australia, a world-class He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow's best investments. A few new ideas could spring from the original idea of Bullseye to help investors. Sebastian Bowen. We especially like PURs current valuation right now compared to other Julimar explorers who are closer to drilling, and are capped at multiples of PUR. We disclose the securities held in relation to a particular company that we provide commentary on. Bought CBA shares in June? 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. Pursuit Minerals share price snapshot Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021.
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