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Pursuit Minerals
(ASX:PUR)


Overview

📋 About: Pursuit Minerals Limited (ASX:PUR) is a mineral exploration and project development company who recently acquired the Warrior PGE-Nickel-Copper Project in Western Australia.

🌏 Macro Theme: In early 2020 Chalice Gold Mines Ltd (ASX: CHN) made a groundbreaking discovery - an entirely new minerals province known as the Julimar Complex. PUR project is located just 50km north east of CHN’s discovery.

Pursuit Minerals Company Milestones

Next Investors Portfolio Initiation
Sale of Scandinavian projects for $3M
$8.25M Cap Raise @ 6.9c
🔲 Project Funding 2
🔲 Unexpected Positive Announcement 1
🔲 Unexpected Positive Announcement 2
🔲 Unexpected Positive Announcement 3
🔲 New Milestones Added: Gladiator Project (Gold)
🔲 New Milestones Added: Combatant Project (Gold)

Warrior Project Milestones (PGE-Ni-CU)

⚔️ Chalice Gold Mines Julimar Discovery
Land Acquired in Julimar Region
[UPA] Further land acquired
Electromagnetic Surveys (1), (2)
Drill targets identified
Soil geochemical sampling: Results
Heritage Approvals Secured
Drilling Program Commenced
🔄 1,500m Diamond Drilling
Downhole Electromagnetic Survey
🔲 Follow-up Drilling
🔲 Assay Results 1
🔲 Assay Results 2

Next Investors Investment Milestones

Key Drilling Event 1

Initial Investment: @1.35c (≈7 months before key drilling event)
✅ Increase Investment: @6.9c (≈4 months before key drilling event)
Price increases 250% from investment
Price increases 500% from investment
🔲 Price increases 1000% from initial entry
Free Carry (prior to drilling results)
🔲 Take Some Profit
🔲 Hold position for key drilling event
🔲 Decide New Investment Plan after results of key drilling event

Key Drilling Event 2

🔲 New Milestones Added

”Expected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. “Our investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.

Key

🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added




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