Any About the company Risk Analysis Ann: Top 20 Shareholders - HotCopper Why uranium stocks are soaring, one good movie recommendation, Quick fire commentary on the six stocks making progress today, The thematics we are investing in right now, PUR first drill results are in - More coming in a few weeks, Market fluctuations and portfolio news and quick takes, Why stocks go into "Quiet Execution Mode", how to spot a cap raise, stock "Confession Season", Cash is King, Gold Stocks and Enough of VUL and EMN. The Wubin tenement (E70/5493), granted in November 2020, was previously explored for iron deposits by Magnetic Resources NL in 2010. 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. May 1, 2023 | Prior work within the tenement application area focused on identifying porphyry Cu-Mo deposits, similar to Caravel, which resulted in the discovery of a 14km long Cu-Au geochemical anomaly, at the Ablett prospect, associated with greenstone rocks of the Western Yilgarn province. Pursuit Minerals ASX:PUR Stock Report - Simply Wall St Copyright 2023 Surperformance. As noted earlier, Devex Resources Limited (ASX: DEV) and Mandrake Resources Ltd (ASX: MAN) have made very successful forays into the area. 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. Youre viewing a single post only. For stocks, all fundamental information is provided by Zachs Investment Research. Join Our Premium Community We disclose the securities held in relation to a particular company that we provide commentary on. The aeromagnetic data suggests that the ultramafic rocks prospective for PGE-Ni-Cu mineralisation are more widespread than indicated by surface outcrops. Win at Retirement Get expert stock analysis direct in your inbox. WebASX:PUR - Investor presentation, announcements, cashflow waterfall chart, news, capital raise history, & sector peers. These stronger EM conductors, Pursuit Minerals states, are associated with magnetic anomalies interpreted to be due to mafic or ultramafic intrusive rocks. Air core drilling commenced at its Warrior Project in WA. Past performance is not necessarily indicative of future returns. Gonneville style PGE-Ni-Cu mineralisation is associated with mafic intrusions, which exhibit strong aeromagnetic anomalies. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Accordingly you should consider how appropriate the advice (if any) is Given the valuations of PURs peers on the cusp of drilling, we are hoping that PUR grows to multiples of its current value and reach at least par with its peers in the lead up to its own maiden drilling program in 2021. Pursuit Minerals Ltd 246-250 Railway Parade Suite 4 Leederville WA 6007 AUS. Pursuit Minerals 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. Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. ONE, VUL all grown up BPM, LCL finding targets. Especially Dr Daniel Tillet and the RAC fan club!If you registered on Bullseye, your user account details and personal data will be deleted as they are no longer required. Funds, Oil & The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. Substantial Shareholders No Substantial Shareholders for S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised Magnetic Resources Limited only completed limited surface sampling and drilling. Caspin Resources (ASX:CPN), is a spin off from Cassini Resources (ASX: CZI) and has two West Australian gold and nickel projects. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. Pursuit Minerals (ASX:PUR) - Next Investors It expects to complete its overall Warrior AEM survey before the end of March. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Ragusa Minerals Ltd Argosy Minerals Ltd Corporate Directory - Pursuit Minerals Before we go too far, a word of caution is required. I took on HotCopper and Lost. 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. It's not possible to publish a real-time Top 20 Shareholder list. AProfilefor a commodities contract contains theContract Specifications. Pursuit Minerals Ltd (PUR) Stock Price & News - Google Finance 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. 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. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Those are comprised of palladium (Pd), iridium (Ir), osmium (Os), rhodium (Rh) and ruthenium (Ru).). Pursuit Minerals We want to see the company build and operate a pilot plant to show that it can produce lithium carbonate from its project efficiently. Objective #1: Drilling program to establish maiden JORC resource estimate. Our latest articles and strategies for the post-work life you want. Here are the companies currently in the region including Chalice. & Taxation. That compares to a 3% loss on the All Ordinaries Index (ASX: XAO). Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. consideration your personal objectives, financial situation or needs. advice is general advice only. The company was founded in 2007 and is headquartered in Brisbane, Australia. MINERALS These same anomalies are known to host the PGE-Ni-Cu mineralisation at the Chalice Mining Ltd (ASX: CHN) Julimar Project. This is a high risk, high reward investment. 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. Following transfer of all tenements, an additional 10,000,000 shares will be issued to the vendor. 1,600% Gain Sparks Julimar Explorer Race - We Just Found the All rights reserved. Contact Details: I am going to take a deep dive into Pursuit Minerals Limiteds (ASX:PUR) most recent ownership structure, not a frequent subject of discussion among individual investors. A big thank you to everyone who registered on Bullseye and gave it a go. Target our investor community with our suite of Hotcopper Advertising opportunities. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. Listen to Our Podcast Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. We like the current valuation of $10M market cap and having recently raised $2M the company appears reasonably funded going into exploration and drilling. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. Low market cap relative to advanced peers. 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. It explores projects including the Koitelainen project and Karhujupukka project Short sellers are gunning forthese ASX shares. Pursuit Minerals Ltd (ASX: PUR) shares are off to the races today, up more than 35% to 5 cents in afternoon trading. Prior drilling focused on copper and gold and did not assay for PGEs. 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. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Join our flagship membership service, Share Advisor. Right-click on the chart to open the Interactive Chart menu. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Email: [emailprotected] 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. PUR.AU | Pursuit Minerals Ltd. Annual Balance Sheet - WSJ Secure and increase the performance of your investments with our team of experts at your side. Pursuit Minerals Limited (PUR, formerly Burrabulla Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. PURs project sits inside an already established foreign resource estimate of 2.1mt lithium carbonate equivalent. Tristan Harrison. WebA substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Minerals So, what can ASX 200 investors. Learn More. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. The result of this discovery has led to a field of ASX explorers taking up some ground, hoping to make their own. Mandrake Resources (ASX: MAN) - $30M market cap - planning to drill next month, Devex Resources (ASX: DEV) - $71M market cap - planning to drill next month, Caspin Resources (ASX: CPN) - $35M (just hit the boards this week). Data are provided 'as is' for informational purposes only and are not intended for trading purposes. 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. PUR Stock Overview Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. PUR.AU | Pursuit Minerals Ltd. Financial Statements - WSJ The project includes well defined magnetic anomalies ready for geophysical surveys to define drill targets. Australia's largest stock trading and investment forum, Algorithmic 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. The company believes these have the potential to be due to PGE-Ni-Cu sulphide mineralisation. 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. Pursuit Minerals Limited (ASX:PUR) is a junior exploration company that is aiming to make a PGE-Nickel-Copper discovery in Western Australia. Learn about investing with our Investing Education hub. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. Should Pursuits Exploration Licence Applications (ELAs) be approved, its landholding will be four times that of the ELA comprising Mandrakes Jimperding Project. While nothing is a guarantee, there is scope here for a similar performance from PUR, especially as it is looking to fast track exploration leading into a drill program in March. Objective #2: Pilot plant construction to show recovery potential. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow's best investments. Earlier this year, Chalice Gold Mines Ltd (ASX: CHN) made a groundbreaking discovery that sent its share price soaring. Individual aeromagnetic anomalies within this north-south linear belt are prospective for PGE-Ni-Cu mineralisation and will be the focus of initial exploration. The ultimate aim of the drilling program will be to establish a maiden JORC resource estimate for its project. Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? We note that hedge funds don't have a meaningful investment in Auteco Minerals. The target ultramafic-mafic intrusions exhibit strong anomalies in regional aeromagnetic data, which will allow exploration for PGE-Ni-Cu to be quickly focused on the prospective mafic and ultramafic rocks. The Calingiri West tenement application, E70/5378), is located between the Julimar (Chalice Mines Limited) and Yarawindah (OZ Minerals Limited) Ni-Cu-PGE projects. 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. Who are the major shareholders and have insiders been buying or selling? -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. representative of LeMessurier Securities Pty Ltd (AFSL No. Objective #3: Complete either a definitive feasibility or bankable feasibility study (DFS/BFS). May 1, 2023 | James Mickleboro. It is becoming increasingly apparent that the prospective mafic rocks discovered to date are far more widespread than previously thought. WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. Secure and increase the performance of your investments with our team of experts at your side. Lithium brine projects are highly dependent on different variables like weather, flow rates to surface and the variability of grades in the brines. 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. Initial Investment: @ 1.3c Top Slice Free Carry Initial Investment: @ 6.9c Free Carry Take Profit Price increases 300% from initial entry Price increases 500% from initial entry Price increases 1000% from initial entry 12 Month Capital Gain Discount Hold remaining Position for next 2+ years, Lithium project acquisition to be completed in just weeks, Lithium brine in South America's lithium triangle - update, Lithium acquisition approved by shareholders, $8M raised - TWO major conditions to acquisition met, Critical minerals quickly becoming a priority in the EU, Noosa Mining Investor Conference round-up, China considering US$1.1 trillion infrastructure stimulus, Pursuit Establishes an At Call Funding Facility, China considering US$220Bn in infrastructure stimulus, VW CEO breaks down batteries and supply chain issues, AC drilling program underway at WA gold project. The final data is expected by the middle of April. Mandrakes Jimperding Project lies approximately 30 kilometres east of Chalice. Volume reflects consolidated markets. Our bull/base/bear case expectations for the maiden JORC resource is as follows: Bull case = >100kt lithium carbonate equivalent. 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. Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. Trading, Managed Pursuit Minerals Ltd (ASX:PUR) Share Price - Market Index SMARTER, HAPPIER, AND RICHER. S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised A stock's Profile page contains general information about the stock, such as Ticker Symbol, Exchange traded on, Company Contact Address/Phone, CEO/President, and Company Description. The company has a number of unexplored magnetic and gravity anomalies, however it is yet to really test what's beneath the surface. 296877). Currently, RAS is focusing on its flagship project Lonely Mine Project. DIRECTORS. The Profile page gives you general information about a symbol, whether it's about the company or the contract. 2023 Barchart.com, Inc. All Rights Reserved. It focuses on advancing vanadium projects in the world-class mining What did our investments do this week? Previous aircore drilling on the Calingiri East tenement intersected up to 1420ppm Ni in mafic rocks and anomalous platinum and palladium has been intersected in RC drilling on the Wubin tenement, both of which further confirm the prospectivity of the Warrior Project for PGE-Ni-Cu mineralization. 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. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. We participated in the $2M PUR cap raise (December 2022). 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. Data supplied by Morningstar and accurate on Sep 19, Copyright 2023 Surperformance. 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 All rights reserved. WebPursuit Minerals Limited Suite 4, 246-250 Railway Parade West Leederville WA 6007 Australia +61 8 6500 3271. This article may include references to our past investing performance. 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. Whats driving the Pursuit Minerals (ASX:PUR) share price 35% higher? WebPursuit Minerals Limited and Consolidated Entities 1 DIRECTORS Peter Wall Non-Executive Chairman Jeremy Read Managing Director Matthew OKane Non-Executive Director SECRETARY Stephen Kelly REGISTERED AND BUSINESS OFFICE Level 14 167 Eagle Street Brisbane QLD 4000 Telephone: +61 7 3854 2388 WEBSITE & EMAIL PUR is set to acquire the Warrior PGE-Nickel-Copper Project, nestled in the Western Gniess Terrane, sandwiched between CPN and CHN. 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 It explores projects including the Koitelainen project and Given the current low market cap, we intend to hold stock into drilling and ideally lighten our position (at multiples of current share price) in the lead up to drilling. PURs ground sits inside an area where another company has already defined a foreign resource of 2.1mt lithium carbonate equivalent. Accordingly you should consider how appropriate the advice (if any) is The area also remains prospective for Boddington-style porphyry gold and/or copper mineralisation. These batteries are required to power electric vehicles (EVs) AND to store energy for managing the ongoing global energy crisis. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. There is always a risk that PURs project doesn't meet the levels required for its project to be operated commercially. The information contained in this article is current as at the publication date. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets.
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