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Pursuit Minerals
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Heavy Liquid Separation Upgrades Zinc from the JB Zone Mineral Resource to >15%
http://ow.ly/Q5ds30i7MmN
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Independent research from Morningstar has found that Pursuit Minerals presents a great opportunity to investors, with stock currently undervalued.
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Pursuit Minerals Limited (ASX:PUR) has confirmed the discovery of a new zinc and lead mineral system at its Paperbark Project in northern Queensland.
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New Zinc Mineralised System Confirmed at the JE Zone Prospect on the Paperbark Project.
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Drill Hole PB01-17 Intersects 16.64% Pb+Zn at the JB Zone Prospect on the Paperbark Project.
http://ow.ly/Vwa330gSJnh
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“What we have seen in drill hole JB03-17 is extremely encouraging as we see indications of mineralisation over a downhole width of 50m, suggesting the JE Zone mineralisation has significant size potential.” - MD Jeremy Read said.
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“It is very encouraging to intersect such a substantial thickness of the JB Zone Mineral Resource in our first hole at Paperbark, as this will greatly add to our knowledge of the Mineral Resource,” - Jeremy Read said.
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Successful Drilling Program at the Bluebush Project, North Queensland, Defines Area for Follow Up Drilling.
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Pursuit Minerals has completed the acquisition of the highly prospective Bluebush, Paperbark and Coober Pedy tenements from Teck Australia Pty Ltd.
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“We have intersected zinc and lead mineralisation in all three holes drilled in the north-west quadrant of the Bluebush Project...”
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