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General mining & base metals

Panther Metals says soil survey to start next week on the Dotted Lake property

The Dotted Lake exploration property is about 20km from Barrick Gold Corp's Hemlo gold mine

Panther Metals PLC (LON:PALM) said a soil survey will start next week on the Dotted Lake property in Ontario, Canada.

Panther has contracted Fladgate Exploration Consulting Corp to conduct a soil geochemistry sampling programme over a 1.60km by 0.85km target area coinciding with the Dotted Lake exploration permit area.

The survey has been designed to build out and in-fill the westerly strike extensions of high-grade gold mineralisation intersected by historical trenching undertaken by a previous licence holder in 2010.

“The soil survey which is due to start next week will seek to delineate strike extensions to the high-grade gold mineralisation intersected by historical trenching and will provide surface coverage to prospective structures delineated by Panther's airborne geophysics survey conducted late last year,” said chief executive Darren Hazelwood.

Panther said it had also completed the drill tender process for the Dotted Lake reconnaissance diamond drill hole.

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