this thread Last trade - 15.51pm 01/05/2023 (20 minute delay). Copyright 2023 Surperformance. We like the current valuation of $10M market cap and having recently raised $2M the company appears reasonably funded going into exploration and drilling. Its ground sits just 50km from CHNs PGE-nickel-copper discovery at Julimar. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Contact Details: Post acquisition PUR will have a fully diluted market cap of ~$31M, which is low compared to other lithium brine players Argosy Minerals ($828M). A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash [[ data.eventTime | date: 'EEE, MMM dd, yyyy h:mm a' ]] [[ zone ]]. WebPursuit Minerals Ltd is an Australian mineral exploration and project development company. WebASX:PUR - Investor presentation, announcements, cashflow waterfall chart, news, capital raise history, & sector peers. The 1-3- and 5-Year Returns are adjusted for splits. Pursuit Minerals ASX:PUR Stock Report - Simply Wall St PURSUIT MINERALS LIMITED : Shareholders Board The views of the author may not reflect the views of the AFSL holder. Pursuit Minerals share price snapshot Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. representative of LeMessurier Securities Pty Ltd (AFSL No. 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. Lithium mineralisation is interpreted to extend down to depths of ~500m in depth leaving plenty of exploration upside for PUR to chase. 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. By clicking this button, you agree to our. 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. risk, allowing investors to make better decisions and streamline their work ow. To receive ALL our alerts fill out your details below. To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. & Taxation. Kingsgate conducted further follow-up drilling with 53 aircore holes. Pursuit Minerals chases high-grade gold project in Arizona Pursuit Minerals ( ASX: PUR) signed an exclusive option to acquire the Buck Mountain Gold Project, a gold-silver-platinum group metals (PGMs) project in Arizona, USA. Mr Bob Affleck Managing Director Mr Mark WebMr. 296877). It explores projects including the Koitelainen project and Karhujupukka project located in Finland, Central Sweden projects and the Airijoki project located in Sweden. shareholders This is early stage exploration and the companys current valuation reflects that - which to us, makes it the most interesting of those in the province CHN has made famous. Any Trading, Managed The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. Once the company has all the data in hand, it intends to start drill testing the high priority in either the second or third quarter of this year. PURs project sits inside an already established foreign resource estimate of 2.1mt lithium carbonate equivalent. Gonneville style PGE-Ni-Cu mineralisation is associated with mafic intrusions, which exhibit strong aeromagnetic anomalies. As noted earlier, Devex Resources Limited (ASX: DEV) and Mandrake Resources Ltd (ASX: MAN) have made very successful forays into the area. Lithium brine projects are highly dependent on different variables like weather, flow rates to surface and the variability of grades in the brines. We participated in the $2M PUR cap raise (December 2022). Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest. May 1, 2023 | Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Pursuit Minerals News | PURSUIT MINERALS Stock Price Today - Insider The Motley Fool Australia has no position in any of the stocks mentioned. Phone: (03) 8592 4841 A big thank you to everyone who registered on Bullseye and gave it a go. WebSummit Minerals Limited (SUM) is an Australian-focused ASX-listed battery mineral exploration company with a portfolio of projects in demand-driven commodities. PUR Stock Overview Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. Entrepreneur life goes like that - you win some and lose some. 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 The information contained in this article is general information and is for informational purposes only. EMX Royalty Corp CHN is up over 1,600% since January, and is currently capped at $1.2BN - one of the top performing companies on the ASX this year. Pursuit Minerals (ASX:PUR) Inception Date, First Trade Date, and Leverage. It explores projects including the Koitelainen project and Karhujupukka project WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. Pursuit Minerals Ltd (ASX:PUR) has entered into an agreement to acquire 100% of the issued capital in Trilogy Minerals Pty Ltd, an Argentina-focused lithium company, which holds the rights to more than 9,233 hectares at the Rio Grande Sur Project in the Lithium Triangle of South America. With todays intraday moves taken into account, Pursuit Minerals shares are up 150% year to date. An ETF Profile page also shows general information about the fund, but also adds information such as a link to the Fund Family. PURSUIT MINERALS LIMITED : Shareholders Board Delayed Australian Stock Exchange 1832 Asset Management L.P. is currently the largest shareholder, with 10.0% of shares outstanding. The Commando Gold Project is 38 km north from Kalgoorlie Project. Right-click on the chart to open the Interactive Chart menu. Australia's largest stock trading and investment forum, Algorithmic Pursuit will also grant the vendors a 1% net smelter royalty on all minerals produced from the tenements and a milestone payment of $200,000 in cash on achieving a mineralised drill intersection on one or the Tenements of at least 10 metres of 2% nickel equivalent or better. Barchart is committed to ensuring digital accessibility for individuals with disabilities. The project includes well defined magnetic anomalies ready for geophysical surveys to define drill targets. Sebastian Bowen. Source: Kantar Media. The company has a number of unexplored magnetic and gravity anomalies, however it is yet to really test what's beneath the surface. There is always a risk that the market interest for lithium decreases and in turn appetite to invest in companies like PUR decreases. James Mickleboro. Navarre Minerals Limited is an Australia-based gold, silver and copper producer. Corporate Directory - Pursuit Minerals to those objectives, financial situation and needs, before acting on the Secure and increase the performance of your investments with our team of experts at your side. To receive ALL our alerts fill out your details below. MINERAL RESOURCES LIMITED: 126,313,746: 8.11% to those objectives, financial situation and needs, before acting on the 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. Pursuit Minerals (ASX:PUR) highlights REE mineralisation potential at Warrior, WA Pursuit Minerals (PUR) has highlighted the potential for rare earth element (REE) Jessica De Freitas 25 November 2022 15:42 (AEDT) 1.5K views 2 minute read ASX News Mining Pursuit Minerals (ASX:PUR) returns multiple high-grade gold sample For personal use only Source: FactSet. 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. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. consideration your personal objectives, financial situation or needs. Bought CBA shares in June? Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Top 20 Shareholders. Pursuit Minerals Limited (PUR, formerly Burrabulla Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Gas, Tax The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. The Gladiator Gold Project consists of four exploration licenses located approximately 10 km northwest of Laverton in Western Australia. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Heres the dividend yield youre earning now, How Id invest $1,000 in May to make easy passive income, Woodside share price in the green as Shell offloads stake in $30 billion JV gas project, the companys announcement of promising airborne electromagnet (AEM) data. This is a high risk, high reward investment. Team includes the founding chairman of $1.7BN Syrah Resources - Tom Eadie, and Kyle Stevenson was also the founder of Millennial Lithium which was eventually sold for CAD$491M. Pursuit Minerals (ASX: PUR) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. However, the geological structure appears to be quite complicated with significant folding and faulting of some of the narrower ultramafic units. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. I'm taking the "L" and moving on. 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. Given the company is yet to commence producing any cashflows the need to raise capital may weigh on the companys share price. With lithium brines responsible for almost half of the world's lithium production, PUR offers us exposure to a strong macro theme with a differentiated project style. Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? PUR has a tiny market cap, and this is early stage exploration. Chalice backed Caspin in its IPO taking a 10 per cent stake. Next Investors invests in companies and shares updates, and commentary on their business execution and progress. Any advice is general advice only. 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 Our bull/base/bear case expectations for the maiden JORC resource is as follows: Bull case = >100kt lithium carbonate equivalent. NICKEL COPPER PLATINUM GROUP ELEMENTS PGE, 1,600% Gain Sparks Julimar Explorer Race - We Just Found the Cheapest. 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. Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? Ragusa Minerals Ltd Located inside Argentinas lithium triangle. What's driving the Pursuit Minerals (ASX:PUR) share The area also remains prospective for Boddington-style porphyry gold and/or copper mineralisation. International stock quotes are delayed as per exchange requirements. The region also hosts majors like Allkem (capped at $8.3BN), Albemarle (capped at $45BN), SQM (capped at $39BN) and Rio Tinto ($172BN) hold lithium projects. Learn about investing with our Investing Education hub. the Underlying Index. The Gladiator Gold Project consists of four exploration licenses located approximately 10 km northwest of Laverton in Western Australia. Pursuit will pay $300,000 in cash and 40,000,000 fully paid ordinary shares for the Warrior Project (which will occur after the first two tenements are transferred to Pursuit and Ministerial consent is obtained).

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