Pursuit Minerals Limited provided a Warrior Project Update and announce the commencement of Air Core (AC) drilling at the Calingiri East and Bindi Bindi Projects located approximately ~50km north north-east of Chalice's Julimar Project, Western Australia. AC drilling of PGE, gold and REE targets at Ablett, Phil's Hill and downslope of existing REE anomalies has started. Figure 2 shows the proposed location of ~120 holes at Ablett, Ablett East and Phil's Hill.

A key focus of the program will be to collect and retain 1m samples extractable REE test work on anomalous samples to confirm presence of ionic clay hosted mineralisation. AC traverses across Ablett are designed to close off bedrock gold mineralisation to the north and south as well as infill to determine the width of mineralisation. AC at Phil's Hill will cover the whole prospect and is designed to extend coverage south of DD drilling in 2021 in an area of intense cross-faulting.

Ongoing ground reconnaissance at Cranmore prospect has extended subcropping and outcropping ultramafics, silica cap rock and breccias to over 700m strike. Cranmore has been the site of auger geochemistry which located significant Ni-Cu and REE anomalism, as well as MLEM surveying which established a prospective EM trend warranting further work. Three traverses of AC drillholes (Figure 3) are planned to clarify the dip of stratigraphy, Ni-Cu geochemistry at depth as well as explore the nature of REE anomalism previously reported.

Twenty-three holes are proposed in the first phase and additional holes will be considered if encouraging anomalism is noted in pXRF analysis of drill chips as the program progresses.