Pinnacle Minerals (ASX:PIM) said it did not conduct any on-the-ground activities at its Capel heavy minerals project, Wirrulla rare earth element project, and Adina East Lithium project during the December 2024 quarter, according to a Thursday filing with the Australian bourse.
The company has been streamlining its operational approach to reduce all expenditures and pursue new ventures and potential projects, the filing said.
PIM has sought partners for its Capel and Wirralla projects and is seeking a partner for its Adina project, the filing added.