Pure Resources Confirms 98% Grade Garnet After Key Acquisition
Pure Resources has completed the acquisition of the Garnet Hills mining lease and confirmed high-grade garnet products through metallurgical testing, positioning itself for feasibility studies and U.S. partnerships.
- Acquisition of Garnet Hills mining lease finalized
- Metallurgical testwork confirms garnet grades up to 98%
- Processing methods support environmentally sustainable operations
- Initiation of U.S. partnerships targeting rare earth elements and graphite
- Cash position at $395K with no debt, planning feasibility studies
Acquisition Milestone Achieved
Pure Resources Limited has marked a significant step forward by completing the acquisition of Garnet Hills Pty Ltd, securing 100% ownership of Mining Lease M80/416, located in the Kimberley region of Western Australia. This lease, valid through to 2038, is strategically positioned near major transport infrastructure, including the Great Northern Highway and Wyndham Port, facilitating future development logistics.
Exceptional Metallurgical Test Results
During the September quarter, Pure Resources reported outstanding metallurgical testwork results from samples collected across nearly 200 outcrop sites. Dense Media Separation (DMS) and Reflux Classification techniques yielded garnet products with andradite content reaching up to 98%, surpassing global standards for industrial applications such as abrasive blasting and waterjet cutting. The processing methods demonstrated are both simple and scalable, with a low-water, reagent-free flowsheet that aligns with environmentally sustainable mining practices.
Strategic U.S. Partnerships and Technology Initiatives
Beyond the garnet project, Pure Resources is actively engaging with U.S. Department of Energy-funded institutions to explore downstream processing opportunities, particularly focusing on rare earth element extraction and graphite applications. These collaborations aim to position the company within the U.S. thermal management and defense sectors, sectors that are increasingly prioritizing critical minerals and ESG-aligned supply chains.
Financial Position and Forward Plans
As of 30 September 2025, Pure Resources held $395,000 in cash with no debt, reflecting a lean financial position as it advances its projects. The company plans to undertake bulk-scale processing trials, dispatch offtake samples to industrial partners, and progress feasibility studies for initial production at Garnet Hills in the coming quarter. These steps are critical to transitioning from exploration to development and eventual commercial operations.
Outlook
Pure Resources’ recent activities underscore its ambition to become a notable supplier of industrial and critical minerals, leveraging both its Australian assets and emerging U.S. partnerships. The combination of high-quality garnet products and strategic technology collaborations could enhance its market positioning, although the company’s modest cash reserves suggest that securing additional funding or partnerships will be essential to sustain its development trajectory.
Bottom Line?
Pure Resources’ Garnet Hills acquisition and premium product results set the stage for critical next steps in feasibility and market engagement.
Questions in the middle?
- What are the timelines and expected capital requirements for the Garnet Hills feasibility study?
- How will Pure Resources finance its development plans given its current cash position?
- What specific rare earth extraction technologies and graphite applications are being targeted in U.S. partnerships?
