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Panther Metals Plc ( (GB:PALM) ) has issued an update.
Panther Metals Plc has announced an extension to the Option and Sale and Purchase Agreement with Frontier Energy Ltd for the Winston Project, a high-grade critical mineral mine in Ontario, Canada. The project, which has strong economic prospects based on a 2021 Feasibility Study, is expected to generate significant annual EBITDA and has the potential for further resource expansion. The project is supported by strong institutional and governmental backing, and Panther Metals plans to leverage its local exploration network to extend the mine’s life and enhance its value.
More about Panther Metals Plc
Panther Metals Plc is an exploration company focusing on mineral projects in Canada. The company is involved in the redevelopment and resource building of high-grade critical mineral mines, particularly in the polymetallic zinc, copper, and precious metal sectors.
Average Trading Volume: 37,161
Technical Sentiment Signal: Hold
Current Market Cap: £4.9M
See more insights into PALM stock on TipRanks’ Stock Analysis page.