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An announcement from Panther Metals Plc ( (GB:PALM) ) is now available.
Panther Metals Plc has appointed Platinum Diamond Drilling Inc. to conduct a Mineral Resource drilling program at the Winston Tailings Project in Ontario, Canada. This initiative aims to validate historical recovery data and produce a CIM-compliant Mineral Resource estimate, which is crucial for advancing the project through the recovery permitting process. The project has the potential to significantly transform Panther’s business by unlocking residual metal value from the historic Winston Lake Mine tailings, contributing to both near-term production and long-term environmental rehabilitation. The company is focused on rapidly advancing the project to a cash-generating operation, with the Mineral Resource Estimate (MRE) being a key step in this process.
More about Panther Metals Plc
Panther Metals Plc is an exploration company focused on mineral projects in Canada. The company is involved in the exploration and development of mineral resources, including gold, gallium, silver, zinc, copper, and cobalt, with a market focus on transforming historic mining assets into modern, cash-generating operations.
Average Trading Volume: 31,056
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.67M
See more insights into PALM stock on TipRanks’ Stock Analysis page.