Pursuit Minerals Ltd (AU:PUR) has released an update.
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Pursuit Minerals Ltd has reported promising results from the second drill hole (DDH-2) in its Stage 1 drilling program at the Rio Grande Sur Project, with high-grade lithium brine intercepts at shallow depths. Initial assays have demonstrated lithium concentrations consistently around 500mg/L, with further results pending as the drilling reached a depth of 500 meters. These findings are part of the company’s efforts to expand their existing lithium resource and support ongoing operations at their Lithium Carbonate Pilot Plant.
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