TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Panther Metals Ltd. ( (AU:PNT) ) has issued an update.
Panther Metals Limited has announced the results of a maiden Scoping Study for its Burtville East Gold Project, revealing strong economic potential with an NPV8 of A$26.6 million and an IRR of 44%. The study highlights a high-grade open pit potential, with 112kt ore at 2.46g/t Au for 8,893/oz Au, and indicates significant expansion opportunities constrained only by current drilling extents. The company plans further drilling and studies to advance the project, although it acknowledges the need for additional funding and the inherent uncertainties in the project’s development.
More about Panther Metals Ltd.
Panther Metals Limited is a mining company focused on the exploration and development of gold projects in Australia. The company’s primary focus is on the Burtville East Gold Project, where it aims to develop high-grade open pit mining operations.
Average Trading Volume: 3,332,136
Technical Sentiment Signal: Sell
Current Market Cap: A$3.01M
Find detailed analytics on PNT stock on TipRanks’ Stock Analysis page.