- Panther Metals (PNT) completes several drill programs at Coglia, 40 Mile Camp, Mt Goose and Comet Well South in Western Australia
- PNT’s extensional RC campaign was designed to grow the company’s 70.6Mt nickel and cobalt inferred MRE
- The company also completed a maiden AC drilling campaign at 40 Mile Camp and wrapped up two auger programs over 378 holes at a three-metre depth at Mt Goose
- PNT will now shift its focus to reviewing assays to gain further valuable insights into the potential of these projects
- Panther shares are up 1.28 per cent, trading at 7.9 cents at 3:12 pm AEST
Panther Metals (PNT) has completed several drill programs at Coglia, 40 Mile Camp, Mt Goose and Comet Well South in Western Australia.
The company’s extensional reverse circulation (RC) campaign at its flagship Coglia project was designed to grow the 70.6Mt nickel and cobalt inferred mineral resource estimate.
The program focused on PNT’s Southern JORC exploration target, as well as central and east drill targets.
Moreover, the company completed its maiden air core (AC) drilling campaign at 40 Mile Camp and wrapped up two auger programs totalling 378 holes at three-metre depths at Mt Goose.
Mt Goose has a historical peak soil sample of 1.5 per cent nickel and lies over an untested section of the Comet Well South area, which covers a highly anomalous historic gold trend.
These activities mean that all drill programs in the Laverton region have now been completed by PNT.
“I am thrilled to announce the successful completion of our drill programs at Coglia, 40 Mile Camp, Mt. Goose, and Comet Well South in the Laverton region,” PNT Managing Director and CEO Daniel Tuffin said.
“With this latest phase of drilling now behind us, our focus shifts to the next crucial step: the receipt and review of assay results that will provide us with further valuable insights into the potential of these projects.”
Mr Tuffin added the company was optimistic as it awaits the assay results of these drilling activities.
PNT shares were up 1.28 per cent, trading at 7.9 cents at 3:12 pm AEST.