Pantera Minerals Ltd. (AU:PFE) has released an update.
Pantera Minerals Ltd. has significantly expanded its presence in the American lithium sector by leasing an additional 3,700 acres, bringing its total to over 22,000 acres in the Arkansas Smackover Lithium Brine Play. The company is advancing towards a scalable lithium extraction project, aiming for a production capacity of up to four modules, each potentially producing 2,000-4,000 tons of Lithium Carbonate per annum. With a sub-surface program in progress and plans to commence re-entry drilling by early Q3 2024, Pantera is positioning itself among the leading acreage holders in the region, alongside major industry players.
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