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Panther Metals Plc ( (GB:PALM) ) has issued an announcement.
Panther Metals Plc has announced the signing of two option and purchase agreements to establish the Winston Project, a high-grade zinc, copper, and precious metal VMS property in Ontario, Canada. The project, which consolidates assets from First Quantum Minerals Ltd and Frontier Energy Ltd, is expected to generate significant economic returns with an average annual EBITDA of C$67.64 million and a pre-tax NPV of C$175.8 million. The project benefits from existing infrastructure and strong exploration potential, positioning Panther Metals for long-term growth and value creation.
More about Panther Metals Plc
Panther Metals Plc is an exploration company focused on mineral projects in Canada. The company is engaged in the exploration and development of mineral resources, particularly high-grade zinc, copper, and precious metals through volcanogenic massive sulphide (VMS) properties.
Average Trading Volume: 27,948
Technical Sentiment Signal: Sell
Current Market Cap: £2.49M
Find detailed analytics on PALM stock on TipRanks’ Stock Analysis page.