Panther Metals delighted with drill results from Australian associate
“The results from this short programme of drilling at Burtville East are simply stunning"
Company
LON:PALM
Panther Metals PLC invests in or acquires companies or projects within the natural resources sector which have the potential for growth and value generation over the medium to long term. The company will utilise its extensive international network to identify opportunities in base, precious and energy metals. Panther will focus its search on highly attractive and established and politically stable mining jurisdictions such as Australia, North America and Canada.
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“The results from this short programme of drilling at Burtville East are simply stunning"
Panther Metals PLC also has a significant portfolio of assets in Canada
"These final assay results provide the highest-grade intercepts of nickel and cobalt in the entire Coglia drill programme,” said Darren Hazelwood, chief executive of Panther Metals PLC
Panther Australia is moving the drill rig to the Burtville East gold prospect where drilling is due to start imminently
The company is advancing various strategies to add value to the portfolio, such that component parts may achieve self-sustainability while Panther retains a significant position
The three prospects are located in the north, centre-east and centre-west of the Obonga project
“The issue of the permits is a crucial step for Big Bear," Darren Hazelwood said.
Panther will take a 20% stake in Fulcrum after its IPO as part of the deal
The results, announced on the Australian Securities Exchange, showed the highest nickel and cobalt grades to date
The company believes the move will help it better explore and understand the polymetallic potential of Awkward Prospect, part of Canada’s Obonga greenstone belt
The significantly high grades of nickel and cobalt encountered within thick zones of lateritic mineralisation
Panther Metals has a diverse portfolio of gold exploration assets in various locations around the world
Panther has a diverse portfolio of exploration assets spread around the world
The 6,000-metre reverse circulation drilling programme is scheduled for completion in early February 2022
The Canada-focused explorer's chairman Kerim Sener is moving to become chairman of the newly ASX-listed vehicle, in which it retains a 36.6% stake
Panther has a diverse portfolio of exploration assets in Canada and Australia
Dotted Lake is located about 20km from Barrick Gold Corp’s Hemlo gold mine
Panther Metals PLC will retain a 36.6% stake in the new vehicle