Panther Metals plc has terminated its Pick Lake base and precious metals purchase option with Frontier Energy Ltd after failing to raise enough funds. DISAPPOINTING The company had hoped to buy £4 million of Bitcoin to fund the project, which is part of the Winston Lake tailings option in Ontario, Canada. Pick Lake contains approximately 85% of […]
Tag: Pick Lake deposit
Panther sees ‘many millions’ cash from Winston
Panther Metals plc said that sampling results had confirmed the “considerable potential value” of the tailings storage facility at its optioned Winston mine project in Ontario, Canada. INFRASTRUCTURE The site comprises the Pick Lake and Winston Lake deposits, the Winston Lake mine site infrastructure and “highly prospective” exploration targets. Sampling returns exceeded the company’s expectations […]
Panther to use Bitcoin for Pick Lake acquisition
Panther Metals plc plans to buy £4 million of Bitcoin to hold in a Bitcoin treasury account, to help fund the Pick Lake project, part of the Winston Lake tailings option in Ontario, Canada. AGILE The base and precious metals deposit contains approximately 85% of the 2.34 million tonnes of the total mineral resources on Winston. […]