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Panther Metals Plc ( (GB:PALM) ) just unveiled an announcement.
Panther Metals PLC has announced a significant find at its Dotted Lake project in Ontario, Canada, where it confirmed a 1.2km long open-ended gold trend and high-grade zinc/gold VMS-style mineralization. The initial assay results from its Phase 1 Diamond Drilling Programme have revealed strong intersections of gold and zinc, indicating a large mineralized system. This discovery supports Panther Metals’ confidence in the project’s potential, and the company plans to accelerate its fieldwork using the winter conditions to its advantage, thereby potentially enhancing its position in the mineral exploration sector.
More about Panther Metals Plc
Panther Metals PLC is a mineral exploration company primarily operating in Canada, focusing on discovering and developing mineral resources such as gold and zinc. The company is engaged in exploring the Schreiber-Hemlo Greenstone Belt in Ontario, aiming to identify significant mineral deposits through systematic exploration programs.
YTD Price Performance: -7.04%
Average Trading Volume: 12,427
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.53M
For an in-depth examination of PALM stock, go to TipRanks’ Stock Analysis page.
