Ragusa Minerals Limited
Ragusa Minerals Limited is a Perth-based exploration company whose only project is the Purple Pansy Manganese-Gold Project in the Aguila Mining District, about 80 km northwest of Phoenix, Arizona, covering about 4,142 acres. Ragusa holds it through a 60.09% interest in Pegasus Tel, Inc. (OTC: PTEL), which bought the claims from Red Beryl Mining Company and Steven Cyros; Ragusa completed that acquisition on 22 July 2026. The project covers historic manganese and gold workings centred on the Black Rock Manganese Mine prospect, where a 2026 induced-polarisation survey defined 14 priority drill targets, and Ragusa's next goals are drilling and a maiden resource estimate for the manganese mineralisation. It relinquished its Burracoppin project in Western Australia in November 2025 and its Lonely Mine gold project in Zimbabwe in the 2024 financial year.
Notable vs. Peers
- Trading within 1% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
Arizona: Fraser PPI 2025 is 90.73 of 100 (rank 10 of 68), which maps to 9 on this site's scale. Ragusa's focus is the Purple Pansy manganese-gold project in the Aguila mining district, about 80 km northwest of Phoenix, Arizona, USA, held through its roughly 60% interest in Pegasus Tel. Arizona is a top-tier US mining jurisdiction, scored 9 like most US companies on this site.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Purple Pansy Manganese-Gold Project, Aguila Mining District, Arizona, USA (checked Oct 6, 2026; recheck due Apr 4, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chairperson of Ragusa Minerals Limited, with over 25 years' experience in the mining and resources industry across multiple commodities and regions; also a director of Discovery Alaska Ltd. Currently Managing Director of ASX-listed Argosy Minerals Limited and a director of Discovery Africa Limited.
Director of Ragusa Minerals Limited, a qualified geologist with over 25 years' experience ranging from grassroots exploration to mine-site operations, having held senior roles at FMG, Rio Tinto, Iluka Resources, Newcrest Mining and Nova Minerals.
Director and Company Secretary of Ragusa Minerals Limited, an accounting and governance professional with 20+ years' experience and a member of the Institute of Chartered Accountants in Australia and New Zealand.
A non-executive director of American Uranium Limited, Regener8 Resources NL and Ragusa Minerals Limited. Managing Director of Vert Capital Pty Ltd, with ASX marketing and investor-relations experience. Previously a director of Fenix Resources Ltd.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No producer, strategic investor, or resource-specialist fund holds a disclosed stake. Director interest notices exist on the public record but read as board-composition changes rather than confirmed purchases.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Ragusa Minerals is a Perth-based explorer whose only project is the Purple Pansy manganese-gold project in the Aguila mining district, about 80 km north-west of Phoenix, Arizona, covering about 4,142 acres. It holds the project through a 60.09% interest in Pegasus Tel, which bought the claims from their previous owners, an acquisition Ragusa completed on 22 July 2026. The project covers historic manganese and gold workings centred on the Black Rock Manganese Mine prospect, where a 2026 induced-polarisation survey defined 14 priority drill targets, and Ragusa's next goals are drilling and a maiden resource estimate for the manganese mineralisation. It relinquished its Burracoppin project in Western Australia in November 2025 and its Lonely Mine gold project in Zimbabwe earlier, and it has no resource estimate.