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Panther Metals Advances Burtville East with Maiden Resource Estimate

Story Highlights
  • Panther Metals completed a maiden high-grade JORC Mineral Resource Estimate for Burtville East.
  • The company initiated a scoping study and reported promising drilling results, boosting project confidence.
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Panther Metals Advances Burtville East with Maiden Resource Estimate

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Panther Metals Ltd. ( (AU:PNT) ) has issued an update.

Panther Metals Ltd has announced the completion of a maiden high-grade JORC Mineral Resource Estimate for its Burtville East Gold Project, indicating a strong potential for open-pit development with a total of 62.3kt at 4.24g/t Au for 8,600oz. The company has initiated a scoping study to assess the economic viability of the project, and recent drilling results have reinforced confidence in the project’s scale and quality, suggesting opportunities for near-term resource growth. Encouraging results from the Rainier Prospect further highlight the potential across Panther’s Laverton project portfolio, positioning Burtville East as a development-ready gold asset.

More about Panther Metals Ltd.

Panther Metals Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is actively engaged in projects in the Laverton region, with a particular emphasis on advancing the Burtville East Gold Project.

Average Trading Volume: 2,419,014

Technical Sentiment Signal: Sell

Current Market Cap: A$3.22M

See more data about PNT stock on TipRanks’ Stock Analysis page.

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