PUR 20.0% 0.2¢ pursuit minerals ltd

PUR's "Julimar Discovery" in Calingiri East?, page-743

  1. 1,695 Posts.
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    Yes very exciting cranster!
    I can’t wait for soil sampling results to come back.
    SP will more than likely take a decent leg up if NI-Cu and of course Pd is found.
    In one of CHNs announcements they noted that the grades (or ppm) for Ni-Cu-Pd weren’t high in their soil sample but drilling told another story.
    So I think as long as they exist in soil sample results then it’s a strong indication that Ni-Cu-Pd is there and higher grades can be found at depth.

    Of course high grade in soil samples would be great, but having these elements detected even if low grade, is a very good sign and will further de risk investing in PUR prior to drill results imo.

    Also Palladium price is up about 15% in the last 30 days!
    A good part of market demand for Palladium is used in catalytic converters.
    Even though EVs won’t require catalytic converters as far as I know, experts predict Palladium demand will continue to steadily rise over the coming years.

    https://hotcopper.com.au/data/attachments/3080/3080988-442383e55e37eb2130be1fc89a7d0f6c.jpg

 
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