AC drilling program underway at WA gold project

General: Exploration

Our exploration Investment Pursuit Minerals (ASX:PUR) has commenced a 5,500m AC drilling program on the four new gold prospects discovered by recent auger sampling at its Commando Gold Project.

The 156 hole program of AC drill traverses over the recently announced auger geochemical and Bottom of Hole (BOH) gold anomalies is expected to take approximately two weeks to complete (a late June finish). PUR expects to receive assay results in late August, after which it will plan additional RC or diamond drilling.

The company managed to locate a rig offering competitive drill rates at relatively short notice so that the program could start on time.

PUR anticipates that the program will identify new areas for follow up drilling in H2 2022.

We're currently putting together an Investment Memo for PUR outlining why we continued to hold, the objectives we want to see the company achieve, risks involved, and our Investment plan.