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Pure Resources Completes Acquisition of Garnet Hills

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Pure Resources Completes Acquisition of Garnet Hills

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Pure Resources Limited ( (AU:PR1) ) has issued an update.

Pure Resources Limited has successfully completed the acquisition of Garnet Hills Pty Ltd, which holds a mining lease for a high-grade garnet deposit in Western Australia. This acquisition marks a significant milestone for the company, as it moves towards feasibility studies and development, positioning Garnet Hills as a potential leading hard-rock garnet mine globally.

More about Pure Resources Limited

Pure Resources Limited operates in the mining industry, focusing on high-grade mineral deposits. The company is involved in the extraction and development of hard-rock garnet, with a strategic market focus on establishing commercially viable mining operations.

Average Trading Volume: 70,238

Technical Sentiment Signal: Buy

See more data about PR1 stock on TipRanks’ Stock Analysis page.

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