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0.3¢ pursuit minerals ltd

PUR's "Julimar Discovery" in Calingiri East?, page-1173

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vivRookie

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03/05/21

11:43

Post #: 52892171
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Originally posted by bobbym: ↑

Just Recapping:
Bring on the drill Phil. What we know so far.• Pursuit Minerals (PUR) has identified electromagnetic (EM) conductors at the Phil's Hill prospect, which is part of the Calingiri East tenement in WA• Pursuit conducted a moving-loop ground electromagnetic survey at Phil's Hill to follow up on an EM survey flown over the broader Warrior Platinum Group Element (PGE)-Nickel-Copper Project• Pleasingly, the EM conductors were discovered on three lines over a total strike length of about 900 metres• Due to the compelling nature of Phil's Hill, the company has now executed a land access agreement for a drilling program."The company is extremely pleased with the generation of the Phil’s Hill prospect, a highly conductive drillable prospect. The pace at which the company has progressed its exploration activity at the Warrior Project is a reflection of the phenomenal effort put in by the exploration team," Managing Director Mark Freeman said.Pursuit considers Phil's Hill to be a compelling PGE-nickel-copper target, which it will follow up with drilling.The conductance of the Phil’s Hill Prospect is significant and well within the known range of conductance for the Gonneville PGE-Ni-Cu discovery.The focus has been on the Phil’s Hill Target at Calingiri East as this represented a priority drill target from preliminary aerial electromagnetic (AEM) data, and it is worth noting that on face value Pursuit’s MLEM metrics are superior to that released recently by Chalice CHN.

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good explanation. As usual, sp is drifting pending drill results announcement. This one requires patience. Hard to sit tight n watch it dip but there are many waiting to snatch the bargains of those that panic and bail out. Look forward to the bounce in 2-3 weeks.

PUR Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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PUR's "Julimar Discovery" in Calingiri East?, page-1173

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PUR's "Julimar Discovery" in Calingiri East?, page-1173

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