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Four new gold prospects at Commando

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Published 31-MAY-2022 14:39 P.M.

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Pursuit Minerals (ASX:PUR) was up as much as 28% this morning after announcing the discovery of four new prospects and a number of new gold anomalies at its Commando Project.

Commando, which PUR acquired in December 2021, is a portfolio of highly prospective exploration tenements adjacent to multi-million ounce gold deposits, 38 km north from Kalgoorlie in WA.

PUR today reported on the results of the first geochemical sampling program ever done across this tenement package.

The company reported very high levels of anomalism which it considers very encouraging and highly significant. The results provide PUR with new quality targets for its upcoming AC drilling program at the project.

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What’s next?

PUR’s exploration team is now:

  • Preparing to complete 5,000m of AC drilling of anomalies (mid-June 2022); and
  • Investigate geophysics such as ground penetrating radar (GPR), passive or active seismic in deep cover areas to clarify underlying geology and structure.