VIDEO: 90 Seconds With… Jeremy Read, Pursuit Minerals
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Special Report: Got 90 seconds? Then listen to Pursuit Minerals’ Managing Director Jeremy Read explain the significance of the company’s completion of two Scoping Studies and what’s next for the business.
Pursuit (ASX:PUR) announced today that it has completed scoping studies for two of its vanadium projects in Scandinavia, including its Airijoki Project in Sweden and its Koitelainen Project in Finland.
Results from both studies indicated that the projects are “financially robust”.
Airijoki will will be the initial focus, with the company looking to complete metallurgical test work in May, which will allow the company to initiate discussions with potential offtake partners.
A September drilling program will also upgrade the Airijoki mineral resource to JORC Indicated and Measured status in order to underpin the upcoming Definitive Feasibility Study (DFS).
The company is considering potential strategic partners to undertake the Definitive Feasibility Study on the Airijoki project and move both projects through to their next stages of development.