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- Pantera Minerals (PFE) identifies new copper targets at the Yampi Project in WA
- Field reconnaissance undertaken by the company uncovered strike extensions of highly prospective regional faults into Panteras’ tenements
- The copper-silver-gold-cobalt and copper-nickel discoveries were predominantly geophysical and structural targets, with limited surface expression
- The company is now planning drilling and exploration programs for the 2022 field season, including soil sampling, development and permitting of drill targets
- Pantera Minerals was up 5.13 per cent to $0.20 per share at 4:07 pm AEDT
Pantera Minerals (PFE) has identified new copper targets at the Yampi Project.
The Yampi Projects are located roughly 140 kilometers north of Derby in the Buccaneer Archipelago of the Kimberley Region of Western Australia, covering an area of around 640 square kilometres.
Following a recent field season, Pantera completed a review of the Yampi Project area, including tenements under application.
The company said field reconnaissance identified strike extensions of highly prospective regional faults into Panteras’ tenements.
The regional copper-silver-gold-cobalt and copper-nickel discoveries were predominantly geophysical and structural targets, with limited surface expression.
The review also uncovered a potential iron oxide copper gold (IOCG) target, hosted within a regional striking fault with a highly magnetic, tabular intrusive body.
Pantera said the geophysical modelling of the potential IOCG target suggests the body is up to 300 metres thick at a depth of around 300 metres.
The company is now planning drilling and exploration programs for the 2022 field seasons. This will include soil sampling, development and permitting of drill targets and drilling copper targets.
Pantera Minerals was up 5.13 per cent to $0.20 per share at 4:07 pm AEDT.
