Panther Metals beginning to build up head of steam with gold exploration programmes in Canada and Au

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  • Proactive news headlines: Panther Metals, Belvoir, Pembridge Resources…
  • Panther Metals well positioned to make major gold exploration strides in Australia and Canada
  • Panther Metals report new gold target defined at Merolia ‘far exceeding any expectations’
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Quick facts: Panther Metals PLC

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Panther Metals invests in or acquires companies or projects within the natural resources sector which have the potential for growth and value generation over the medium to long term.

The company will utilise their extensive international network to identify opportunities in base, precious and energy metals. The company will focus its search on highly attractive and established and politically stable mining jurisdictions such as Australia, North America and Canada.

27 May 2021

() said a new target has been defined at its majority-owned Merolia gold project in Western Australia. The first auger drilling programme over the project discovered a significant gold anomaly that extended over 5km x 2.5 km in the central part of licence E38/3384.

() said trading in the first four months of 2021 was materially ahead of management’s expectations.

() said it is planning to issue convertible loan notes worth up to US$2mln to fund potential future investment opportunities.

() said following the completion of requisite regulatory checks, Dr Christoph Manthe will be immediately appointed to the board as a non-executive director.

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27 May 2021

() said a new target has been defined at its majority owned Merolia gold project in Western Australia.

“We are very pleased with the results of this first auger drilling programme over the Merolia gold project,” said chief executive Darren Hazelwood. “The programme has discovered a significant gold anomaly which extends over 5km x 2.5 km in the central part of licence E38/3384.”

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10 May 2021

() said it achieved the first stage in the process of pursuing a listing of its Australian assets on the Australian Securities Exchange with the completion of a pre-IPO seed financing raising AU$300,000 (GBP167,000).

As a result of the financing, the interest of Panther in its subsidiary, Panther Resources Ltd, has reduced from 100% to 89.3%, said the exploration company.

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29 Oct 2020

Shares in () have almost doubled in value since they were listed in London in January this year. What’s more, allowing that there was a bit of a bit of post-IPO selling, they’ve more than tripled in value since February, the last point in time at which we can say the market was unaffected by coronavirus.

Because, allowing for the coronavirus then trashing the value of everything in March, and Panther’s shares have risen almost sixfold.

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27 May 2021

‘s () Darren Hazlewood talks to Proactive London about the results of its auger drilling programme over part of its majority owned Merolia Gold Project in Western Australia.

The programme has discovered a significant gold anomaly which extends over 5km x 2.5 km in the central part of licence E38/3384.

This ‘remarkable achievement’, Hazlewood says is ‘significant news….far exceeding any of our expectations’.

03 Feb 2021

The long drought in the gold price, stretching from 2012 until 2019, created a landscape almost devoid of new projects. Junior explorers were starved of cash with the survivors devoting scarce funds to survival rather than exploration and there were few new entrants to the listed gold explorer universe, either in Australia or Canada. Thus, the pipeline of new projects had run dry by 2019 when a spark of life was seen again in the gold price but even existing projects had seen little work done in exploration and even less in resource definition or expansion.

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Panther Metals report new gold target defined at Merolia ‘far exceeding any…

Panther Metals PLC’s (LON:PALM) Darren Hazlewood talks to Proactive London about the results of its auger drilling programme over part of its majority owned Merolia Gold Project in Western Australia.

The programme has discovered a significant gold anomaly which extends over 5km x 2.5 km in…

12 hours, 41 minutes ago

4 min read

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