Panthera Resources PLC (AIM:PAT) has completed its drilling programme at the Kalaka project in Mali with all samples shipped to the laboratory.
Eight reverse circulation holes were drilled over 705 metres (m) as part of a resource estimate and metallurgical test programme.
Panthera said the programme was heavily interrupted due to heavy rain with planned northern exploration holes to be tested at a later date.
Assay results are expected in late September.
Kalaka is a joint venture with DFR Gold through a joint 50:50 ownership interest in Maniger, a British Virgin Islands holding company. Kalaka is operated by the company.
Panthera and DFR both respectively hold 40% indirect interests in Kalaka with a local Mali company, Golden Spear Mali, owning the balancing 20%.
The project is located in southeast Mali, between the Morila and the Syama gold mines approximately 260 km southeast of Bamako.