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Pursuit Minerals Limited (ASX:PUR)

ALERT: Price-sensitive ASX Announcement for PUR
Current share price for PUR : $0.066 -0.018 (-21.43%)+
Announcement
Release
11 May 2026 9:18AM
Price at Release
$0.084
Full Release
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Summary
Pursuit Minerals Limited has initiated fieldwork at the Sascha Marcelina project, focusing on diamond drilling and the integration of historical exploration data. The exploration program includes geophysical surveys and detailed geological mapping to assess mineralization potential. Samples from various sources are analyzed for multi-element, gold, and silver content. Exploration results utilize standardized reporting methods, and future work plans include geophysical surveys and deeper drilling to further explore the site's potential.
Key Points
  • Pursuit Minerals Limited commences fieldwork at the Sascha Marcelina project.
  • The project involves diamond drilling at key prospects including Estancia, Pellegrini, and Igloo.
  • Several historical exploration activities have been appraised to inform current exploration plans.
  • Geophysical surveys and detailed geological mapping are integral components of the exploration strategy.
  • Samples are collected from multiple sources, including drill holes and stream sediments, and analyzed for multi-element and gold/silver content.
  • Exploration results are reported using standardized data aggregation methods and metal equivalent calculations.
  • Future plans include further geophysical surveys and deeper drilling to explore mineralization potential.
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.