Panther Metals Advances Exploration at Wishbone Prospect with Drone Survey

Panther Metals Plc ( (GB:PALM) ) has provided an announcement.

Panther Metals PLC has announced that Pioneer Exploration Consultants Ltd will conduct a high-resolution drone-based magnetic survey over the Wishbone Prospect, part of the Obonga Project in Ontario, Canada. This survey is pivotal for Panther’s drill planning and aims to refine drill hole orientations, enhancing the company’s ability to capitalize on the Obonga Greenstone Belt’s untapped potential. The survey will provide critical data for Panther’s significant drill program targeting the Wishbone VMS system, which has shown strong mineralization potential. The Obonga Project’s strategic location and logistical advantages further support Panther’s goal of establishing a new mining district in northwestern Ontario.

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 primarily in established mining jurisdictions, utilizing advanced technologies and geological data to assess drill targets rapidly. Panther Metals’ current portfolio includes two highly prospective properties in Ontario, Canada.

Average Trading Volume: 33,253

Technical Sentiment Signal: Sell

Current Market Cap: £2.13M

Learn more about PALM stock on TipRanks’ Stock Analysis page.