Panther Metals plc has raised gross £1,190,000, before expenses, via a placing of 1.7 million ordinary shares of no par value, at a 6.67% discounted price of 70 pence per placing share. TVRs The company said that the placing received “substantial” backing from new and existing institutional investors and existing shareholders, was “significantly” oversubscribed and […]
Tag: Dotted Lake
Panther returns ‘standout trends’ at Dotted Lake
Panther Metals plc has returned “highly anomalous standout gold and critical mineral trends and anomalies” from a combined 1,472 assay dataset at Dotted Lake in Ontario, Canada. INTENSITY The high-resolution soil surveys from 2024 and 2021 cover a 6km strike length on the north shore of Dotted Lake, with analysis undertaken for 53 elements. Returns […]
Panther raises £455,000 via discounted placing
Panther Metals plc has raised £455,000 via a conditional 37.5% discounted placing of 910,000 ordinary shares of no par value at 50 pence per placing share. DOTTED LAKE The placing is subject to publication of a prospectus, expected in mid-February 2025. Each placing share will have one warrant attached to subscribe for one new ordinary share at a […]
Panther confirms 1.2km gold trend at Dotted Lake
Panther Metals plc has confirmed a 1.2km long open-ended gold trend from diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. CORRELATION The company’s first phase I drill core assays also showed an intersection of “high grade zinc/gold volcanogenic massive sulphide-style mineralisation”. Drill hole DL24-001 returned “highly anomalous […]
Panther completes Dotted Lake extended drilling
Panther Metals plc has completed its extended phase I diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. SAMPLES The company said it had drill tested initial target areas C, D, E and F, increasing operations from the original 1,200 metres to 1,558m across five holes. Operations […]
Panther begins soil sampling at Dotted Lake
Panther Metals plc has started additional soil geochemistry sampling potentially to accelerate exploration at Dotted Lake on the Schreiber-Hemlo greenstone belt in Ontario, Canada. SNOWFALL Bayside Geoscience Inc’s 1,000 metre survey comprises an extension and infill sampling to the 2021 soil survey grid which yielded “significant nickel, cobalt, copper, gold and platinum group element anomalies”. […]