Panther Metals Plc (GB:PALM) has released an update.
Panther Metals PLC, an exploration company listed on the London Stock Exchange, is upbeat about the initial results from the Phase 1 Sampling and Testing Programme at Fulcrum Metals PLC’s Teck-Hughes Gold Tailings Project in Ontario, Canada. The early findings show an average weighted grade of gold that is 16.9% higher than historical averages, with further leach tests using Extrakt technology underway to optimize gold recovery. Panther holds a 15.26% interest in Fulcrum, as well as warrants and a 2% net smelter return royalty over the Big Bear Project.
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