Metals & Minerals News

Panther signs LoI for Winston with Traxys

Panther Metals plc has signed a non-binding letter of interest over its Winston Lake mine tailings project in Canada with Traxys Europe SA, a division of global commodity trader and merchant Traxys Group. CONFIDENCE The project in Ontario contains high-grade gold, gallium, silver, zinc, copper, indium and cobalt as well as other minerals within the […]

Finance Metals & Minerals News

Panther raises £1.2m

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 […]

Metals & Minerals News

Panther signs option for more claims in Obonga

Panther Metals plc has signed a three-year option to buy three multi-cell gold-base metal mining claims in the Obonga greenstone belt, 160km north of Thunder Bay in Ontario, Canada. POLYMETAL The transaction covers the Otter Gold, Z2 Gold and Wig properties which are located in the company’s existing Obonga project area. Otter Gold lies adjacent to the south of […]

Metals & Minerals News

Panther appoints Extrakt for Winston testwork

Panther Metals plc has appointed Extrakt Process Solutions LLC for phased metallurgical testwork on the Winston tailings project in Ontario, Canada. ECONOMIC Extrakt, along with TDI Solutions LLC, will use its non-cyanide hydrometallurgical extraction technology for phase I metallurgical characterisation on composite samples of tailings from the resource drilling programme. Panther said that the results […]

Company Moves Metals & Minerals News

Panther appoints Katherine O’Reilly as CFO

Panther Metals plc has appointed Katherine (Katie) O’Reilly to the company’s executive board as chief financial officer, with immediate effect. Ms O’Reilly’s experience covers finance, commercial, legal and human resources to support companies through all stages of their life.  She began her career as an auditor before moving into corporate finance, spending 11 years working […]

Equipment & Logistics Metals & Minerals News

Panther appoints drilling contractor for Winston

Panther Metals plc has appointed Platinum Diamond Drilling Inc. to drill the Winston Lake gold-gallium-silver-zinc-copper-cobalt tailings storage facility in Ontario, ahead of a mineral resource estimate. TRANSFORM Independent consultants SRK Exploration Ltd, who were appointed in September, will conduct the MRE. Chief executive officer Darren Hazelwood said that the appointment of the drilling contractor was […]