Pursuit Minerals Ltd

Last week Pursuit Minerals Ltd (ASX: PUR) upgraded its lithium carbonate JORC resource to 1.1mt at 506mg/li. Almost 3.5x higher than its previous resource estimate. AND PUR is looking to have its 100% owned 250tpa pilot plant producing lithium carbonate in Q1 2025. Read more here: https://bit.ly/3ZYVlUo Disc: 1,450,582 PUR Shares Held.

📰Pursuit Minerals targets lithium production next year https://lnkd.in/gn-BTpEV

🚨 Exciting Progress at Pursuit Minerals’ Rio Grande Sur Project 🚨 Pursuit Minerals is pleased to share key development updates from our flagship Rio Grande Sur Lithium Brine Project in Salta, Argentina, as we move closer to production! ✨ Pilot Plant Advancements The commissioning of our initial processing circuit is progressing well, with first production of technical-grade 99.5% Lithium Carbonate targeted for the end of Q1, 2025. ✨ Enhanced Resource Potential A recent JORC Resource upgrade has unlocked new opportunities to optimise production plans. With a staged approach to development, we are aiming to: 🔹 Drive higher profitability through low-cost brine operations. 🔹 Reduce upfront capital requirements for a more manageable outlay. ✨ Resource Highlights Total high-grade resource: 1,104.3kt at 505.8mg/L Li. 🔸 Indicated: 591.8kt @ 515.1mg/L Li 🔸 Inferred: 512.5kt @ 495.4mg/L Li (See ASX announcement dated 9 December 2024 for full details.) The Rio Grande Sur Project continues to position Pursuit as a key player in the global lithium sector, supporting the clean energy revolution with sustainable and efficient lithium production. 🌍⚡ Contact Aaron Revelle Stay tuned for more updates as we progress toward production! #PursuitMinerals #RioGrandeSur #LithiumBrine #CleanEnergy #BatteryMetals #SustainableMining #LithiumCarbonate #MiningInnovation #ASX #CriticalMinerals #EnergyTransition #FutureFocused #ResourceDevelopment

Pursuit Minerals Ltd (ASX:PUR): Significant Resource Upgrade for Rio Grande Sur Project Managing Director and CEO Aaron Revelle recently spoke with Proactive’s Tylah Tully about Pursuit Minerals' flagship Rio Grande Sur Project in Salta Province, Argentina, highlighting a transformative resource upgrade. The lithium resource has surged by over 300%, now standing at 1.1 million tonnes with grades exceeding 500 mg/L lithium. This major milestone solidifies the project's status as a key contender in the competitive lithium market. Revelle noted that the enhanced resource, coupled with the 250-tonne lithium carbonate pilot plant in Salta City, significantly de-risks the operation. "With this expanded resource, we can plan for a mine life nearing 50 years, targeting the production of battery-grade lithium carbonate by Q1 2025," he said. Pursuit is progressing feasibility and scoping studies aimed at scaling production up to 20,000 tonnes annually, with a focus in 2025 on achieving continuous pilot plant operations and further resource expansion. Revelle also highlighted the project's competitive operating costs of $4,000–$5,000 per tonne, ensuring robust profitability even in the current lithium pricing environment. This upgrade marks a pivotal step in Pursuit's journey toward becoming a significant lithium producer.

300% resource growth at Pursuit Minerals' Rio Grande Sur Project Pursuit Minerals Ltd (ASX:PUR) managing director and CEO Aaron Revelle talked with Proactive’s Tylah Tully about the company's flagship Rio Grande Sur Project in Salta Province, Argentina. Revelle announced a significant resource upgrade, with the lithium resource increasing over 300% to 1.1 million tonnes at a grade of more than 500 mg/L hashtag #lithium. This upgrade represents a notable step forward in both resource size and grade, positioning the project as a competitive player in the lithium market. Revelle explained how this enhanced resource, combined with the project's 250-tonne lithium carbonate pilot plant in Salta City, has technically de-risked the operation. "This expanded resource allows us to plan for a mine life approaching 50 years, with first battery-grade lithium carbonate expected by Q1 2025," Revelle said. https://lnkd.in/g_HmgKvY

Click the link below and head to the 2GB Sydney website to hear a re-run of ASX-listed Pursuit Minerals Ltd Managing Director Aaron Revelle's interview with Bulls N' Bears that went to air on 2GB Sydney earlier today (DEC 16th). Revelle talks to Bulls N' Bears about Pursuit’s lithium brine pilot plant that can produce lithium carbonate at about half the current market price.      https://lnkd.in/gBHNdAHb $PUR #PursuitMinerals #BullsNBearsWA #ASX #MiningNews #Lithium

Tune in to radio News Talk 3AW 693 Melbourne just after 1.20pm AEDT today (DEC 13th) and listen to ASX-listed Pursuit Minerals Ltd Managing Director Aaron Revelle talk on air to Bulls N' Bears about Pursuit’s lithium brine pilot plant that can produce lithium carbonate at about half the current market price. Click the below 3AW link just after 1.20pm AEDT and press “LISTEN” to hear the interview live. https://lnkd.in/gGSRAauq $PUR #PursuitMinerals #BullsNBearsReport #BULLSNBEARSWA #ASX #MattBirney #MiningNews #Lithium

Stockhead’s Sarah Hughan sits down with Pursuit Minerals Ltd Minerals’ (ASX:PUR) managing director Aaron Revelle to get the short end of the long story on the company’s latest news. The company has reported a 339% increase in the mineral resource estimate for its Rio Grande Sur lithium brine project in Argentina. The 1.1Mt resource delivered at Rio Grande, with high-grades above 500mg/l, highlights large-scale, low-cost development potential. Read the announcement here: https://lnkd.in/dkmCyPEF Tune in to hear Pursuit Minerals’ Aaron Revelle on the substantial upgrade, producing first battery-grade carbonate, and more. #lithium #Resource #Argentina #criticalminerals #batteryminerals #lithiumionbattery #investing #stockstowatch #asxnews #PUR

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Sarah Hughan tells all on Pursuit Minerals Ltd Minerals’ (ASX:PUR) 339% mineral resource estimate increase at its Rio Grande Sur lithium brine project in Argentina. The news comes in the wake of Rio Tinto’s (ASX:RIO) $10b move on Arcadium Lithium and its Argentine assets. Tune in to get the latest. 👇🏽

📰Pursuit Minerals has more than quadrupled its Argentine lithium resource at Rio Grande Sur ahead of the start of a 250tpa pilot operation. Stockhead https://lnkd.in/geRE2jYX