Panther Metals Ltd. (AU:PNT) has released an update.
Panther Metals Ltd. has announced promising results from a Scoping Study on their Coglia Nickel-Cobalt Project, boasting a net present value of A$409M and an internal rate of return of 31.8%. The project predicts a 10-year mine life with substantial cash flow and features an environmentally friendly bio-heap leaching strategy, hinting at significant future expansion potential. The study’s positive outcomes are based on just a fraction of the project’s mineral resource estimate, indicating a larger upside.
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