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General mining & base metals

Panther Metals gets permits for 'audacious' drilling campaign in Ontario's Obonga belt

"We now have in place all the required exploration permits to execute one of the most audacious, cost-effective, drilling programmes on the highly prospective Obonga greenstone belt ever witnessed."

Panther Metals has been granted exploration permits for three drill prospects at the Obonga project in northern Ontario.

The application covers diamond core drilling of up to 10 holes and associated down-hole electromagnetic geophysics surveys spread across three named prospects: Silver Rim; Ottertooth; and Survey.

Darren Hazelwood, chief executive, said: "I'd like to thank everyone involved in granting this licence application.

"We now have in place all the required exploration permits to execute one of the most audacious, cost-effective, drilling programmes on the highly prospective Obonga greenstone belt ever witnessed.

"Our aim is to drill five separate anomalies on Obonga by the end of 2022, including six holes at Wishbone as we target the discovery of a commercial ore body following the successful discovery of VMS mineralisation from our limited drilling campaign in the autumn of 2021.

"We are actively engaged with drilling contractors and all other associated groups required to deliver such an expansive programme and I'm looking forward to updating the market as these plans come to fruition."

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