Pursuit Minerals LtdASX: PUR

Drill Hole 3 Commences at Rio Grande Sur Lithium Project

· Issued by Pursuit Minerals Ltd

Filed with ASX · · 24 pages · English

Summary by 6ix AI

Pursuit Minerals Ltd has announced the commencement of diamond drilling at the Mito tenement within the Rio Grande Sur Lithium Project, targeting a significant conductive system identified through advanced geophysical data analysis. The drilling aims to test a high-priority lithium brine target, which is expected to enhance the understanding of the geological and hydrogeological framework and support future resource expansion. This marks the first drilling program since the completion of a Pre-Feasibility Study and a recent resource upgrade, indicating a strategic move towards growth in lithium production.

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