PUR - Charts, page-135

Pursuit Minerals (ASXUR)

Precious metals exploration in Western Australia (new mineral province)

✅ 2020: Assessed an option on an alluvial gold project in the USA, it didn’t pass due diligence so the option was not exercised. Recently acquired PGE-Nickel-Copper exploration licenses next to the $1.2BN Chalice discovery in the emerging Julimar Province.

PUR is well funded, with active exploration programmes planned in the first half of 2021, including EM surveys and drilling across its projects, providing near term catalysts.

Macro Theme: Nearby companies are expected to be releasing drilling results too, positive results will be positive for all the Julimar players. Precious metals continue to perform well.