Latest Pursuit Minerals (ASX:PUR) News

Pursuit Minerals Limited has had its trading suspension lifted following the release of its Pre-Feasibility Study and a capital raising announcement, signaling renewed investor interest.

Pursuit Minerals has delivered a compelling Pre-Feasibility Study for its Rio Grande Sur lithium project in Argentina, confirming strong economics and a maiden Ore Reserve. The company also secured a A$7 million capital raise to advance development.

Pursuit Minerals has made significant strides in its Argentine lithium and gold ventures, progressing its Rio Grande Sur feasibility study and completing the Sascha Marcelina gold project acquisition. The company is poised to begin drilling and further technical work in early 2026.

Pursuit Minerals has voluntarily suspended its shares on the ASX pending the release of a Pre-Feasibility Study and a capital raising announcement, expected imminently.

Pursuit Minerals has identified promising gold and silver targets at its Sascha Marcelina project in Argentina, planning a 4,050-metre drilling campaign to test these high-potential zones. The project’s geological similarities to the world-class Cerro Negro system bolster hopes for a significant discovery.

Pursuit Minerals has completed the acquisition of the Sascha Marcelina Gold Project in Argentina, setting the stage for a high-impact drilling campaign while simultaneously advancing its lithium development at Rio Grande Sur.

Pursuit Minerals has satisfied all acquisition conditions for the Sascha Marcelina Gold Project in Argentina and is advancing exploration with a focus on high-potential drill targets. Concurrently, the company progresses its Rio Grande Sur Lithium Project feasibility study, positioning itself for dual-commodity growth.

Pursuit Minerals progresses its Rio Grande Sur lithium project with a refined commercial plan and feasibility study, while expanding into gold through the Sascha Marcelina acquisition. A recent $4 million placement strengthens its financial position for growth.

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.

Pursuit Minerals has achieved a key milestone with its first high-purity lithium carbonate production at its pilot plant in Argentina, setting the stage for commercial development of its Rio Grande Sur project. The company is streamlining its focus on Argentina, advancing feasibility studies and strategic acquisitions amid a supportive mining environment.

Pursuit Minerals has issued over 8.5 million placement options and additional shares to directors following shareholder approval, setting the stage for potential capital inflows through option exercises by mid-2027.

Pursuit Minerals has responded to ASX queries following a notable jump in its share price and trading volumes, confirming no undisclosed information is driving the activity and affirming compliance with continuous disclosure rules.