Pursuit Minerals - PUR (ASX) News & Expert Insights from Stockhead

Pursuit Minerals Ltd (ASX: PUR) is a lithium-focused developer advancing its flagship Rio Grande Sur Project in Argentina’s world-renowned Lithium Triangle. The Company holds a high-grade JORC resource of 1.104Mt LCE @ 505.8mg/L Li, with a substantial portion in the Indicated category. Surrounded by global lithium majors including Rio Tinto (Arcadium), Albemarle, and Gangfeng, Pursuit is strategically positioned in a Tier-1 address within one of the world’s most critical battery metals jurisdictions.

We’ve already achieved a major milestone at Rio Grande, producing 99.5% high-purity lithium carbonate, with samples dispatched to multiple potential offtake and strategic partners. Brines grade up to 620mg/L Li, underpinning a low-cost, long-life project with strong chemistry and further exploration upside. With a disciplined approach to feasibility and commercial engagement, Pursuit is positioning the project to capture long-term value ahead of the anticipated lithium market rebound.

Our clear vision is to build an Argentine pure-play minerals platform, targeting multi-commodity growth in a Tier-1 jurisdiction, with lithium as the foundation of a long-term critical minerals strategy.

KEY PEOPLE

Aaron is a lithium industry specialist with over 15 years of experience in project development and capital markets. He has led multiple lithium ventures across South America, including exploration, feasibility, and commercialisation.

Tom Eadie is a veteran geologist with over 40 years’ experience in mineral exploration and resource development. He was the founding Chairman of Syrah Resources (ASX:SYR), where he led the discovery and advancement of the world-class Balama graphite project in Mozambique. Tom also serves as Chairman of Southern Cross Gold and Hawk Resources.

Stephen Layton has over 35 years of experience in equity capital markets across the UK and Australia, with deep expertise in capital raising, corporate advisory, and ASX listings. He is a Master Practitioner Member of the Stockbrokers and Investment Advisers Association and currently serves as a Non-Executive Director of EQ Resources Ltd (ASX: EQR).