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Pivotal Metals Limited (ASX:PVT)

ALERT: Price-sensitive ASX Announcement for PVT
Current share price for PVT : $0.016 0.001 (3.33%)+
Announcement
Release
28 Apr 2026 9:11AM
Price at Release
$0.015
Full Release
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Summary
Pivotal Metals Limited provided a strategic update on its Horden Lake project in Québec, emphasizing the project's advancement to pre-development stages. The company reported ongoing updates to the Mineral Resource Estimate, with efforts to expand the existing 37Mt @ 1.1% CuEq resource. Significant developments include a scoping study targeting a large, long-life open-pit operation, metallurgical testwork to enhance recoveries, and exploration for resource growth. The project benefits from high-grade mineralization, strategic location advantages in Québec, and favorable market conditions for copper and associated metals.
Key Points
  • Mineral Resource update is in progress to enlarge the existing resource.
  • A scoping study is advancing, targeting a large open-pit operation.
  • Metallurgical testwork aims to improve recovery into clean concentrates.
  • Horden Lake holds a strategic position with jurisdictional advantages in Québec.
  • Resource growth potential with under-explored regional opportunities.
  • The project is positioned against a backdrop of limited global copper development pipeline.
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.