Panther Metals Plc (GB:PALM) has released an update.
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Panther Metals PLC has announced that its Australian counterpart, Panther Australia, is raising up to A$1.96 million through a rights issue to fund a comprehensive 7,000-meter drilling program at the Laverton Gold Project. This capital will be invested in exploring 10 gold targets, with a significant focus on areas like Burtville East and the Ironstone Gold target. Additional funds will support the advancement of metallurgical studies at the Coglia Nickel-Cobalt Project, leveraging eco-friendly bacterial extraction methods.
For further insights into GB:PALM stock, check out TipRanks’ Stock Analysis page.
