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Panther Metals Unveils Promising Drilling Results at Dotted Lake

Story Highlights
  • Panther Metals focuses on discovering viable mineral deposits in Ontario, Canada.
  • New drilling results show magnesium-rich serpentinite with valuable metals at Dotted Lake.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Panther Metals Unveils Promising Drilling Results at Dotted Lake

An announcement from Panther Metals Plc ( (GB:PALM) ) is now available.

Panther Metals PLC announced significant findings from its Phase 1 Diamond Drilling Programme at the Dotted Lake Project in Ontario, Canada. The latest assay results reveal wide intercepts of magnesium-rich serpentinite, containing valuable metals such as nickel, platinum, and palladium. These findings expand the known extent of the ultramafic rock intrusion and highlight the potential for economic mineral deposits. The company plans further research to explore the commercial potential of magnesium separation from serpentinite, which has not been industrially applied before.

More about Panther Metals Plc

Panther Metals PLC is an exploration company listed on the London Stock Exchange, focusing on discovering commercially viable mineral deposits. The company operates primarily in established mining jurisdictions, with a current focus on three properties in Ontario, Canada. Panther Metals rapidly assesses drill targets using advanced technologies and extensive geological data to determine commercial viability.

YTD Price Performance: -51.76%

Average Trading Volume: 19,947

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.15M

For an in-depth examination of PALM stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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