PUR - Supply looks to be done. MC $11.5m, Cash around $5m = EV...

PUR - Supply looks to be done. MC $11.5m, Cash around $5m = EV  $6.5m

Rocks prospective for SEDEX style zinc-lead mineralisation, similar to that occurring at the Century Mine, were intersected between 163m – 240m down hole depth

Assay results from 1st hole expected this week or the next.
Assay from 3rd hole expected in next 3-4 weeks
Hole 4 being drilled now and update expected in 2-4 weeks.

News flow to continue in coming weeks...

Mr Read said.
“Our understanding of the huge Bluebush zinc system is growing day by day and this will allow us to undertake a follow up drill program in 2018, to zero in on the focal point of the zinc mineralisation.

“We are encouraged by the amount of sulphide mineralisation in the drill holes completed to date and we eagerly await receipt of the assay data.”

The Bluebush Project within the Bluebush basin (which is classified as a second-order sub-basin analogous to the sedimentary basin at the Century Zinc Mine) is zinc mineralisation over an area of 120km2 .