PUR kicks off more geophysics at its lithium project
Our lithium Investment Pursuit Minerals (ASX: PUR) just kicked off geophysical surveys at its lithium brine project in Argentina.
The project sits in South America's 'lithium triangle', a region that’s home to ~50% of the world's lithium production and multi-billion dollar lithium majors like SQM and Albemarle.
PUR is now running a Controlled Source Audio-Magneto-Telluric (CSAMT) survey.
The CSAMT surveys primary aim is to work out the type of reservoir’s sitting under PUR’s ground, specifically focused on PUR’s Mito tenement.
Here is where PUR will be focused on:
Today’s news kicks off PUR’s second phase of geophysical surveys.
Ultimately all of the data gathered will be used to work out the best spots to drill.
PUR expects to be drilling later this quarter/early Q4.
We covered the latest news from PUR in a note here: PUR aiming to be the 3rd lithium carbonate producer on ASX
What’s next for PUR?