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Pure Resources Limited ( (AU:PR1) ) has issued an announcement.
Pure Resources Limited has made significant progress in its strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project. This partnership is expected to enhance the project’s development timeline and operational capacity, with SSH providing resources to assist in developing a Final Investment Decision. The appointment of Mr. Allister Caird as Non-executive Director is expected to bring valuable technical expertise to the company as it progresses with Reedy Creek and explores broader opportunities in the sector.
More about Pure Resources Limited
Pure Resources Limited operates in the industrial minerals industry, focusing primarily on the development of garnet projects. The company is currently advancing its Reedy Creek Garnet Project, which is a high-grade industrial garnet deposit located in Western Australia.
Average Trading Volume: 71,419
Technical Sentiment Signal: Buy
See more data about PR1 stock on TipRanks’ Stock Analysis page.