Pure Resources Limited (AU:PR1) has released an update.
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Pure Resources Limited has significantly expanded the garnet resource potential at its Reedy Creek project, with geologists identifying a notable 4.5km extension, bringing the total strike length to 5.6km within the existing mining lease. The company is currently conducting metallurgical tests to determine the project’s product range and has begun discussions with mining contractors, signaling a potential increase in resource growth and profitability for this unique hard rock garnet project.
For further insights into AU:PR1 stock, check out TipRanks’ Stock Analysis page.
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