Source: FactSet. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow's best investments. Lithium is currently trading at all time-highs. Pursuit Minerals The discovery is shaping up to be a major deposit of critical metals for a clean energy future and includes palladium, nickel and copper. Mr Bob Affleck Managing Director Mr Mark ONE, VUL all grown up BPM, LCL finding targets. Funds, Oil & Objective #3: Complete either a definitive feasibility or bankable feasibility study (DFS/BFS). FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. The Motley Fool Australia operates under AFSL 400691. Its ground sits just 50km from CHNs PGE-nickel-copper discovery at Julimar. When Might Pursuit Minerals Run Out Of Money? In this article, we will explain why we have invested in PUR now and the upside we see. Over the past year, the Pursuit Minerals share price is up 400%. Get expert stock analysis direct in your inbox. Earlier during intraday trade, the Pursuit Minerals share price rallied by as much as 70% to 6.4 cents before retreating. All Rights Reserved. Pursuit has put together a formidable geological and geophysical team, appointing Mathew Perrot as Exploration Geologist to be assisted by Ian Lowie as Operations Manager and Barry Bourne as Project Geophysicist. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. It focuses on advancing vanadium projects in the world-class mining He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. TO MAKE THE WORLD Located inside Argentinas lithium triangle. No hard feelings, it has been a fun and interesting ride.The goal was to build a better investing forum that educates and helps investors by promoting great content from great minds. Email: [emailprotected] Due to the highly prospective nature of the five identified anomalies, the company has significantly extended the survey block. Magnetic Resources Limited only completed limited surface sampling and drilling. Analysts believe that now could be the time to add these shares to your portfolio May 1, 2023 | & Taxation. Since CHNs discovery, the company has taken up most of the ground in the province, leaving limited options for other companies to take a position. Before we go too far, a word of caution is required. Updated daily, it takes into May 1, 2023 | Pursuit Minerals Ltd 246-250 Railway Parade Suite 4 Leederville WA 6007 AUS. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Our bull/base/bear case expectations for the maiden JORC resource is as follows: Bull case = >100kt lithium carbonate equivalent. Those persons acting upon information contained in this article do so entirely at their own risk. In his free time, you're likely to find Bernd at the beach or dabbling away on a new work of science fiction. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. A new 52-week high and massive share price volatility are driving some of the most-traded ASX shares today. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised Pursuit Minerals The Commando Gold Project is 38 km north from Kalgoorlie Project. Prior work within the tenement application area focused on identifying porphyry Cu-Mo deposits, similar to Caravel, which resulted in the discovery of a 14km long Cu-Au geochemical anomaly, at the Ablett prospect, associated with greenstone rocks of the Western Yilgarn province. Bullseye | PUR - Pursuit Minerals Limited - Premium Company Data The Warrior PGE-Ni-Cu Project is located approximately 20-50 kilometers (km) north of Chalice's high-grade Gonneville PGE-Ni-Cu discovery on the Julimar Project. Pursuit Minerals Ltd. is a mineral exploration and project development company. We note that hedge funds don't have a meaningful investment in Auteco Minerals. Win at Retirement PUR is aiming to replicate Chalice Minings success. WebUpon exercise of the option, Pursuit will issue up to 20 million additional shares, capped at 9.9% of the issued and outstanding shares of PUR. Given the current low market cap, we intend to hold stock into drilling and ideally lighten our position (at multiples of current share price) in the lead up to drilling. Prior drilling focused on copper and gold and did not assay for PGEs. All rights reserved. CPH, ONE, TMZ, 88E and more PUR says Early Soil Samples Compare Favourably to $2.6BN Chalice, PURs EM conductors significant - Drilling in 6 to 8 weeks, Our Portfolio Performance from January 1st to March 31st 2021, Nearology News Next to $1.4 Billion Behemoth Big Brother, 1,600% Gain Sparks Julimar Explorer Race - We Just Found the Cheapest. The information contained in this article is current as at the publication date. Data may be intentionally delayed pursuant to supplier requirements. Entrepreneur life goes like that - you win some and lose some. MINERALS Barchart is committed to ensuring digital accessibility for individuals with disabilities. Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 173.5%. Given the valuations of PURs peers on the cusp of drilling, we are hoping that PUR grows to multiples of its current value and reach at least par with its peers in the lead up to its own maiden drilling program in 2021. 296877). PUR.AX - Pursuit Minerals Ltd Stock Profile - Barchart.com Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. We take a look at the ASX miners latest AEM results. With lithium brines responsible for almost half of the world's lithium production, PUR offers us exposure to a strong macro theme with a differentiated project style. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. Listen to Our Podcast NICKEL COPPER PLATINUM GROUP ELEMENTS PGE, 1,600% Gain Sparks Julimar Explorer Race - We Just Found the Cheapest. Bear case = <50kt lithium carbonate equivalent. Project sits inside an already giant resource. This article contains general investment advice only (under AFSL 400691). Do Not Sell or Share My Personal Information. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. Hear our experts take on shares, the market & how to invest. There is always a risk that PURs project doesn't meet the levels required for its project to be operated commercially. Pursuit Minerals (ASX:PUR) highlights REE mineralisation potential at Warrior, WA Pursuit Minerals (PUR) has highlighted the potential for rare earth element (REE) Jessica De Freitas 25 November 2022 15:42 (AEDT) 1.5K views 2 minute read ASX News Mining Pursuit Minerals (ASX:PUR) returns multiple high-grade gold sample However, the geological structure appears to be quite complicated with significant folding and faulting of some of the narrower ultramafic units. the Underlying Index. Disclosure: Disclosure: S3 Consortium Pty Ltd (the Company) and Associated Entities own 25,133,333 PUR shares and 10,000,000 PUR Shares on Trilogy Class B Con Note conversion at the time of publishing. Objective #1: Drilling program to establish maiden JORC resource estimate. Pursuit Minerals (ASX:PUR) - Next Investors Top 20 Shareholders. This years discovery of the nickel-copper-palladium mineralisation on the Julimar Project by Chalice is the first significant find in the region which previously had only early stage indications of mineralisation at Yarawindah and Bindi-Bindi. WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. For stocks, all fundamental information is provided by Zachs Investment Research. Team includes the founding chairman of $1.7BN Syrah Resources - Tom Eadie, and Kyle Stevenson was also the founder of Millennial Lithium which was eventually sold for CAD$491M. The views of the author may not reflect the views of the AFSL holder. S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. The score provides a forward-looking, one-year measure of credit You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Pursuit Minerals Ltd (ASX:PUR) has entered into an agreement to acquire 100% of the issued capital in Trilogy Minerals Pty Ltd, an Argentina-focused lithium company, which holds the rights to more than 9,233 hectares at the Rio Grande Sur Project in the Lithium Triangle of South America. It's not possible to publish a real-time Top 20 Shareholder list. We want to see PUR drill to depths of ~500m where mineralisation is interpreted to extend to. Gonneville style PGE-Ni-Cu mineralisation is associated with mafic intrusions, which exhibit strong aeromagnetic anomalies. Right-click on the chart to open the Interactive Chart menu. The aeromagnetic data covering the Calingiri West tenement application exhibits a thin belt of north-south trending aeromagnetic anomalies which are interpreted as being due to prospective meta-greenstone belts and intrusive mafic/ultramafic rocks. We are hoping this re-rates the company to a market cap of >$1bn (similar to what peer company Argosy achieved). The aeromagnetic data suggests that the ultramafic rocks prospective for PGE-Ni-Cu mineralisation are more widespread than indicated by surface outcrops. Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. The company has a number of unexplored magnetic and gravity anomalies, however it is yet to really test what's beneath the surface. Fundamental data provided by Zacks and Morningstar. We participated in the $2M PUR cap raise (December 2022). WebASX:PUR - Investor presentation, announcements, cashflow waterfall chart, news, capital raise history, & sector peers. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Initial Investment: @ 1.3c Top Slice Free Carry Initial Investment: @ 6.9c Free Carry Take Profit Price increases 300% from initial entry Price increases 500% from initial entry Price increases 1000% from initial entry 12 Month Capital Gain Discount Hold remaining Position for next 2+ years, Lithium project acquisition to be completed in just weeks, Lithium brine in South America's lithium triangle - update, Lithium acquisition approved by shareholders, $8M raised - TWO major conditions to acquisition met, Critical minerals quickly becoming a priority in the EU, Noosa Mining Investor Conference round-up, China considering US$1.1 trillion infrastructure stimulus, Pursuit Establishes an At Call Funding Facility, China considering US$220Bn in infrastructure stimulus, VW CEO breaks down batteries and supply chain issues, AC drilling program underway at WA gold project. Bought CBA shares in June? WebPursuit Minerals Ltd is an Australian mineral exploration and project development company. Ragusa Minerals Ltd Pursuit Minerals ASX:PUR Stock Report - Simply Wall St The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. Stephens is a former director of Odin Metals Limited (formerly Lawson Gold Limited) (resigned February 2018), Mithril Resources Ltd (resigned May 2019) and Gooroo Ventures Limited (resigned January 2020). Past performance is not a reliable indicator of our future investing performance. Volume reflects consolidated markets. I'm taking the "L" and moving on. Pursuit Minerals Ltd. is a mineral exploration and project development company. There is currently extensive interest in the Julimar region. WebRagusa Minerals Ltd (RAS, formerly SIV Asset Management Limited) operate in the mineral exploration sector focusing on exploration for gold and associated minerals. does not constitute personal advice and S3 has not taken into Pursuit Minerals Ltd (PUR) Stock Price & News - Google Finance Caspin Resources (ASX:CPN), is a spin off from Cassini Resources (ASX: CZI) and has two West Australian gold and nickel projects. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. this thread Last trade - 15.51pm 01/05/2023 (20 minute delay). What's driving the Pursuit Minerals (ASX:PUR) share Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). Change value during other periods is calculated as the difference between the last trade and the most recent settle. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. Kingsgate conducted further follow-up drilling with 53 aircore holes. PURs ground sits inside an area where another company has already defined a foreign resource of 2.1mt lithium carbonate equivalent. Pursuit Minerals share price snapshot Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. PURs project is located inside the South American lithium triangle, a region home to ~ 50% of the world's lithium production and lithium majors like SQM and Albemarle. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. WebThe Company was incorporated in Canada on 17/12/1985.The Company is the parent company in a group comprising the Company, and its wholly owned subsidiaries, Calliope Metals (Holdings) Ltd (incorporated in Canada) and Calliope Metals Pty Ltd (incorporated in Australia).The Company listed on ASX on 04/06/1997.Name changed to Argosy Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. The information in this website is general information only. HSBC CUSTODY NOMINEES LIMITED: 156,251,137: 10.04%: 2: 2. Pursuit Minerals (ASX: PUR) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. The Calingiri West tenement application also abuts Devex Resources (ASX: DEV) and covers part of their Sovereign Magnetic Complex as interpreted and is immediately adjacent to late-time airborne electromagnetic anomalies recently defined by Devex. To receive ALL our alerts fill out your details below. Pursuit Minerals Ltd (ASX: PUR) shares have been placed in a trading halt pending a capital raise. Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. It is becoming increasingly apparent that the prospective mafic rocks discovered to date are far more widespread than previously thought. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Bernd Struben earned his economics degree in the US. The final data is expected by the middle of April. Since then, investors have been scouring the market for opportunities to leverage off the discovery of what is an entirely new province, the Western Gneiss Terrane of the famous Yilgarn Craton in WA, which includes CHNs Julimar discovery. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. PURs Warrior project is also located just 50km north-east of Chalice minings discovery in the new minerals province known as the Julimar Complex. WebMr. PUR pursuit minerals ltd Ann: Top 20 Shareholders ASX News 851 23/08/17 18:27 Post #: 26703681 Share Release Date: 23/08/17 18:07 Summary: Top 20 Directors and Management PUR drilling again. 86% of retail CFD accounts lose money, EQS-News: Pursuit Minerals Ltd sees path to production with new lithium project, Registration on or use of this site constitutes acceptance of our. Accordingly you should consider how appropriate the advice (if any) is PURSUIT MINERALS LIMITED : Shareholders Board Ann: Top 20 Shareholders - HotCopper Secure and increase the performance of your investments with our team of experts at your side. Pursuit Minerals Limiteds (ASX:PUR S3 Consortium Pty Ltd (S3, we, us, our) (CAR No. The Gladiator Gold Project consists of four exploration licenses located approximately 10 km northwest of Laverton in Western Australia. -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. This is a high risk, high reward investment. Pursuit Minerals (ASX: PUR) is developing an advanced lithium brine project in Argentina. International stock quotes are delayed as per exchange requirements. The Gladiator Gold Project consists of four exploration licenses located approximately 10 km northwest of Laverton in Western Australia. It explores projects including the Koitelainen project and Lithium is recognised as a critical raw material by the USA, European Union, India, Japan and Australia because of its importance in the lithium-ion battery supply chain. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The project includes well defined magnetic anomalies ready for geophysical surveys to define drill targets. With todays intraday moves taken into account, Pursuit Minerals shares are up 150% year to date. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Contact Details: Even though the forum has been shut down, we have learned a great deal about the industry, from the inside out. Please remember that investments can go up and down. It explores projects including the Koitelainen project and Karhujupukka project located in Finland, Central Sweden projects and the Airijoki project located in Sweden. Get Started Investing Pursuit Minerals These same anomalies are known to host the PGE-Ni-Cu mineralisation at the Chalice Mining Ltd (ASX: CHN) Julimar Project. Outcrops of ultramafic rocks mapped by the Geological Survey of Western Australia, 11km to the NNW of Bindi Bindi, are likely to be the northern continuation of the Bindi Bindi ultramafic, giving further credibility to the interpretation that the prospective Bindi Bini intrusion is much larger than currently known. With the acquisition will come four highly prospective land positions (a mix of exploration licences and exploration licence applications), totalling 593 square kilometres. Open menu Quick Company Search consideration your personal objectives, financial situation or needs. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. Inception Date, First Trade Date, and Leverage. We want to see the company advance the feasibility studies for its project from where it is now (scoping study) to either a Definitive Feasibility or Bankable Feasibility study level. The area remains underexplored for base and precious metals due to lack of outcrop, predominance of farmland and the prior focus of exploration companies on bauxite and iron. The Profile page gives you general information about a symbol, whether it's about the company or the contract. The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. Individual aeromagnetic anomalies within this north-south linear belt are prospective for PGE-Ni-Cu mineralisation and will be the focus of initial exploration. Short sellers are gunning forthese ASX shares. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Copyright 2023 Surperformance. PURs ground covers ~9,260 hectares inside and on the perimeter of the larger Rio Grande salar (salt lake) in Argentina which measures ~27,500 hectares. Pursuit will pay $300,000 in cash and 40,000,000 fully paid ordinary shares for the Warrior Project (which will occur after the first two tenements are transferred to Pursuit and Ministerial consent is obtained).