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General mining & base metals

Panther Metals awarded exploration permits at Big Bear

“The issue of the permits is a crucial step for Big Bear," Darren Hazelwood said.

Panther Metals PLC (LSE:PALM) told investors it now has four exploration permits for the company's Big Bear project after a temporary hold was lifted.

The current permits last for three years and are subject to certain conditions.

"The award of the four exploration permits over the Big Bear Project will allow a full programme of exploration works across a number of exciting targets, across various parts of the highly prospective property, over the next three years,” said chief executive Darren Hazelwood.

“The issue of the permits is a crucial step for Big Bear, facilitating the drilling, trenching and ground geophysics work which is required to make and prove up mineral discoveries.

“We look forward to consulting with Fulcrum and the Aboriginal communities in scheduling the permitted work in due course."

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