Panther Metals Plc (GB:PALM) has released an update.
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Panther Metals PLC has made significant advancements in its flagship Obonga Project, extending the Obonga Project purchase agreement and securing additional exploration permits for drilling key prospects. The company has highlighted substantial discoveries of Volcanogenic Massive Sulphide systems and graphite deposits, indicating the potential for the Obonga Greenstone Belt to become Canada’s next mining district. Furthermore, Panther Metals announced a strategic corporate decision to terminate an agreement with Shear Gold Exploration Corporation, while raising £375,000 in funding to support continued growth and exploration efforts.
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