Pure Resources Limited (AU:PR1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Pure Resources Limited gears up for a 5,000-meter drilling program at the Yundamindra Project after identifying significant gold potential in its tenure. The decision comes in the wake of successful gold exploration by neighboring Arika Resources Limited and the company’s own preliminary auger drilling results, which revealed multiple gold-in-soil anomalies. PoW approval has been secured, with heritage surveys in the works, as Pure aims to capitalize on the region’s emerging gold prospects.
For further insights into AU:PR1 stock, check out TipRanks’ Stock Analysis page.