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Pursuit Minerals Limited (ASX:PUR)

ALERT: Price-sensitive ASX Announcement for PUR
Current share price for PUR : $0.084 0.016 (23.53%)+
Announcement
Release
6 Aug 2026 9:09AM
Price at Release
$0.068
Full Release
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Summary
Pursuit Minerals Limited, trading on the ASX under the ticker PUR, has confirmed a district-scale mineral system at its Sascha Marcelina project. This confirmation is based on significant exploration results, including geophysical surveys, geochemical sampling, and extensive drilling. The Sascha Main target exhibited promising intersections with high-grade gold and silver values, which align with geophysical anomalies and geological structures. Additional exploration efforts are suggested to further delineate the project's potential, including property-scale ground magnetic surveys and deep drilling at newly identified targets such as the Marcelina Silica-Cap. The project applies a 1 g/t AuEq cut-off for reported intercepts to ensure balanced reporting.
Key Points
  • Pursuit Minerals Limited's ASX ticker is PUR.
  • District-scale mineral system confirmed at Sascha Marcelina.
  • Significant exploration results include geophysical surveys and drilling.
  • High-grade gold and silver intersections at Sascha Main target.
  • Geophysical anomalies align with geological structures.
  • Further exploration includes ground magnetic surveys and deep drilling.
  • Applying a 1 g/t AuEq cut-off for intercept reporting.
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.