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Pure Resources Limited (ASX:PR1)

ALERT: Price-sensitive ASX Announcement for PR1
Current share price for PR1 : $0.240 -0.08 (-25%)+
Release
28 Jul 2026 8:27AM
Price at Release
$0.320
Full Release
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Summary
Pure Resources Limited (ASX: PR1) announced that its Garnet Hills garnet product has been validated against international abrasive standards by independent laboratories in Australia and Malaysia. The garnet product meets the minimum hardness requirement and is below market specification for both conductivity and soluble chloride. Advanced separation testwork, including magnetic and gravity separation, as well as high voltage SELFRAG liberation technology, is being conducted to enhance garnet grade and recovery. The metallurgical program supports the Defence Materials Platform Strategy, aiming for NAVSEA qualification for defence applications. Testwork results indicate significant garnet liberation, though they remain at a proof of concept stage. The company plans to continue with further testing and bulk sample processing.
Key Points
  • Garnet product validated against international abrasive standards.
  • ISO 11126-10:2017 certification achieved.
  • Advanced separation testwork ongoing.
  • Use of SELFRAG technology for liberation.
  • Alignment with Defence Materials Platform Strategy.
  • Positive feedback from Asian market and USA qualification.
  • Next steps include further testwork and planning for bulk sample processing.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.