# Pursuit Minerals hits 809mg/L lithium high score at Mito

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/pursuit-minerals-hits-809mg-l-lithium-high-score-at-mito--dabb2226-113c-42f4-af43-ae40d3f5d717

Original source: https://stockhead.com.au/resources/pursuit-minerals-hits-809mg-l-lithium-high-score-at-mito/

Publisher: stockhead

Original announcement: 2026-09-10T01:54:51.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Pursuit Minerals

- Ticker: PUR

- Exchange: Unavailable

- Region: Argentina

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Drill results, Resource update

- Extracted: 2026-09-12 00:46:45 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Pursuit Minerals has reported a high-grade lithium brine intercept of 809mg/L from packer testing in hole DDH-3 at the Mito area of the Rio Grande Sur project in Argentina. This result is significantly higher than the shallower 298.4mg/L intercept from the same hole and exceeds the project's current resource average of 424mg/L. The company is awaiting further assays from deeper samples to confirm continuity.

Reasoning: The 809mg/L lithium intercept is a significant grade increase over the existing resource average \(424mg/L\) and provides high-grade evidence in a key growth area \(Mito\).

- Positive factor: High-grade lithium brine intercept \(809mg/L\) significantly exceeds existing resource averages

- Positive factor: Intercept demonstrates grade improvement at depth

- Positive factor: Direct evidence of lithium within previously identified conductive geophysical system

- Negative factor: Result is a single packer assay, not a composited resource average

- Negative factor: Continuity of high-grade brine at depth is still unconfirmed pending further assays

Facts used in scoring: 4

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The 809mg/L intercept was found at depth \(approx 400m\) within a conductive system previously identified by geophysics.

Evidence · text

> direct evidence of high-grade lithium brine within that deeper exploration window

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### DDH-3

[Link to this fact](https://atlas-extractions.minestarters.com/news/pursuit-minerals-hits-809mg-l-lithium-high-score-at-mito--dabb2226-113c-42f4-af43-ae40d3f5d717#fact-drill-facts-0)

Rio Grande Sur · lithium

#### Identity

- Hole ID: DDH-3
- Project: Rio Grande Sur
- Commodity: lithium
- Region: argentina
- Reported Region: argentina
- Ticker: PUR

#### Geometry

- Grade: 809
- Grade Unit: mg/L
- Intercept: 4.8 m
- From: 399.2 m
- To: 404 m
- Intercept Depth: 399.2 m

#### Classification

- Sample Type: drill
- Group ID: DDH-3:399.2-404

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-10T00:00:00.000Z

Reasoning: 809mg/L lithium is a strong intercept compared to the 424mg/L resource average.

- Positive factor: High grade relative to project average

Evidence · text

> DDH-3 at Mito returning 809mg/L lithium from deep brine sampling

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Funding US$15m of project expenditure within 24 months would earn Liontown a 49% interest."

### DDH-3

[Link to this fact](https://atlas-extractions.minestarters.com/news/pursuit-minerals-hits-809mg-l-lithium-high-score-at-mito--dabb2226-113c-42f4-af43-ae40d3f5d717#fact-drill-facts-1)

Rio Grande Sur · lithium

#### Identity

- Hole ID: DDH-3
- Project: Rio Grande Sur
- Commodity: lithium
- Region: argentina
- Reported Region: argentina
- Ticker: PUR

#### Geometry

- Grade: 298.4
- Grade Unit: mg/L
- Intercept: 4.8 m
- From: 156.2 m
- To: 161 m
- Intercept Depth: 156.2 m

#### Classification

- Sample Type: drill
- Group ID: DDH-3:156.2-161

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-10T00:00:00.000Z

Reasoning: Standard grade intercept for the project, but much lower than the new high score.

- Negative factor: Significantly lower grade than deeper intercept

Evidence · text

> A shallower packer interval from 156.2m to 161.0m returned 298.4mg/L lithium

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Funding US$15m of project expenditure within 24 months would earn Liontown a 49% interest."

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/pursuit-minerals-hits-809mg-l-lithium-high-score-at-mito--dabb2226-113c-42f4-af43-ae40d3f5d717#fact-resource-facts-2)

Rio Grande Sur · lithium

#### Identity

- Project: Rio Grande Sur
- Commodity: lithium
- Region: argentina
- Reported Region: Argentina
- Ticker: PUR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:a5630c4ffc471e93e587
- Deposit or zone: Rio Grande Sur

#### Resource Data

- Category: indicated
- Tonnes: 705000
- Grade: 443
- Grade Unit: mg/L
- Contained Metal: 705000
- Contained Unit: t lce

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-10T00:00:00.000Z

Reasoning: Existing indicated resource component.

Evidence · text

> 705,000t LCE in the indicated category at 443mg/L

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/pursuit-minerals-hits-809mg-l-lithium-high-score-at-mito--dabb2226-113c-42f4-af43-ae40d3f5d717#fact-resource-facts-3)

Rio Grande Sur · lithium

#### Identity

- Project: Rio Grande Sur
- Commodity: lithium
- Region: argentina
- Reported Region: Argentina
- Ticker: PUR

#### Resource scope

- Estimate type: resource
- Resource group id: resource:b68f3d6ed7f1f788c3db
- Deposit or zone: Rio Grande Sur

#### Resource Data

- Category: inferred
- Tonnes: 559000
- Grade: 405
- Grade Unit: mg/L
- Contained Metal: 559000
- Contained Unit: t lce

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-10T00:00:00.000Z

Reasoning: Existing inferred resource component.

Evidence · text

> 559,000t inferred at 405mg/L

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
