Drilling at Manitou Lakes Gold Project Complete
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your PALM notes
Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada, is pleased to announce the successful conclusion of the inaugural drilling programme, targeting gold, at the Manitou Lakes Project in Ontario, Canada.
Highlights
- 5 holes for 503 metres of diamond core drilling successfully completed at the Glass Reef target.
- Visual inspection of drill core confirms shear hosted quartz vein mineralisation intersected.
- All drill core safely returned to Panther's Thunder Bay warehouse.
- Geological core logging and sampling to commence this week.
Darren Hazelwood, Chief Executive Officer, commented:
"Conducting a maiden drill programme on a gold project as prospective as Manitou Lakes Project is always an exciting time for a junior explorer and its shareholders.
Our previous soil sampling delineated a strong gold in soil anomaly at the project's Glass Reef Target, so the visual identification of shear structure-hosted quartz veining in the drill core bodes particularly well for the potential intersection of the gold bearing mineralisation.
We look forward to completing the logging and sampling work and to receiving the assays and reporting the results to the market in due course".
Obonga Project
Dotted Lake Project
Manitou Lakes Project
Fulcrum Metals Plc
Panther Metals Australia
Conclusion
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.