PIM 0.00% 7.0¢ pinnacle minerals limited

Plenty happening hereCash approx 2.5m Directors have been buying...

  1. 2,415 Posts.
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    Plenty happening here

    Cash approx 2.5m

    Directors have been buying on market over the last month or so

    News flow to come

    Project Partner with 25% of the project is Electrification and Decarbonization AIELP Fund (E&D Fund), a fund managed by Waratah Capital Advisors, a Torontobased investment house with $4B+ CAD under management.▪

    US $500,000 payment to be made to Pinnacle Minerals by E&D Fund designatefor 25% offtake from Adina East. Royalty agreement (2% GRR) in place withLithium Royalty Corp (LIRC:TSE)1.▪

    First-pass ground reconnaissance program successfully completed at the Adina East Project•

    Multiple peraluminous pegmatite outcrops identified and sampled1•
    Aluminous minerals (tourmaline, beryl, garnet and muscovite), commonly found along withspodumene, identified in multiple pegmatite outcrops and boulders2•
    XRF analysis of pegmatite samples to determine mineralogy and identify presence ofspodumene underway with results due in early December 2023

    • Historic reports of pegmatite outcrops confirmed during the field program with the pegmatitesbeing broadly coincident with targets identified during recent multispectral analysis3•

    Follow up exploration program is being developed with a focus on reviewing existinggeophysical data across the project and defining target areas for further exploration.

    Management have plenty of experience

    Worth picking at

    IMO

 
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