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
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