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Panther Metals Plc ( (GB:PALM) ) has issued an announcement.
Panther Metals PLC has announced positive results from Fulcrum Metals’ Teck Hughes tailings project in Ontario, Canada. The study indicates a scalable opportunity for tailings reprocessing, with a US$33 million pre-tax NPV and a 21.4% IRR over a nine-year operational life. The project, which uses Extrakt’s non-cyanide leaching technology, aims to enhance environmental sustainability and generate significant returns. Panther Metals holds a 12.38% stake in Fulcrum and a 2% NSR royalty on the Big Bear Project, positioning itself strategically in the mineral exploration industry.
More about Panther Metals Plc
Panther Metals PLC is an exploration company listed on the London Stock Exchange, focusing on discovering commercially viable mineral deposits. The company operates in established mining jurisdictions, particularly in Ontario, Canada, with a portfolio that includes the Obonga and Dotted Lake projects. Panther Metals utilizes advanced technologies and geological data to rapidly assess drill targets and determine their commercial viability.
YTD Price Performance: -54.12%
Average Trading Volume: 16,573
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.02M
See more insights into PALM stock on TipRanks’ Stock Analysis page.