Pure Resources Limited (AU:PR1) has released an update.
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Pure Resources Limited has secured an option to acquire the Reedy Creek Garnet Project in northeast Western Australia, significantly extending its potential with a newly identified 4.5km skarn strike. The company has raised $490,543 to support further exploration and development, aiming to capitalize on the project’s rich garnet deposits for applications in abrasive industries and water filtration systems. Additionally, Pure is exploring the extraction of high-purity calcium carbonate as a complementary revenue stream.
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