After a week of market elation and ASX all-time highs, this week saw the index experience a serious pullback as banks and miners alike were left with nowhere to hide.
Our board moves wrap includes Jeremy Robinson, Howie McKibbon, Simon Acomb, Ranko Matic, Vicki Krause, Bob McKinnon, Margaret Kennedy, Michelle Tierney, Greg Wall, and Tony Lennon.
Panther Metals has been buoyed by initial testing results of samples from its Coglia nickel-cobalt project in the WA Goldfields that returned final nickel extraction levels of 92.6 per cent. The test work was based on a blended sample obtained from the company's maiden drilling program. Panther says the high-pressure acid leach testing indicated the potential to further upgrade the nickel grade through beneficiation.
Panther Metals' latest diamond drilling campaign has delivered new gold lodes and extended mineralisation at its Burtville East gold project it outside of Laverton in WA. One of the best results was a 14.6m strike at 2.23g/t gold from 37.4m. Another diamond drill core contained visible gold returns inside a 0.3m hit at 21.4g/t gold from 48.4 metres from outside the project's existing mineralisation.
Panther Metals appears to have the tiger by the tail at its Burtville East project about 40km south-east of Laverton in WA, delivering another set of eye-catching gold results, including a 1m intercept running a bonanza 62.8 grams per tonne from 91m. The feature result sits inside a larger 10m strike grading 7.15 g/t gold from 84m and follows a phase one campaign that returned several compelling hits.
Panther Metals is working the drill bit at its Ironstone prospect, part of the company's larger Merolia project near Laverton in Western Australia. The explorer says its 1200m diamond drilling program is aimed at testing historic mineralisation and modelling the target's main lode. Earlier work in the area delivered a peak intercept of 9m at 22.27 grams per tonne gold from 112m.
Panther Metals has started follow-up drilling at Burtville East, near Laverton WA, as it looks to replicate its bonanza gold grades from its first six RC drill holes. The initial campaign returned spectacular results including 15m at 53.9 g/t gold and 1m intervals up to 478 g/t gold. The new drilling program aims to provide detailed geological information on the earlier bonanza-gold intercepts, test for strike extensions and the potential for further stacked lodes.
Panther Metals has struck a series of bonanza, shallow gold hits from its Burtville East gold project near Laverton, WA, including 1m going 478 g/t gold from 28m, 1m grading 125 g/t from 34m and a further 1m at 79 g/t gold from 27m. The company says visible gold was also panned from another hole and follow-up work is now being planned.
Panther Metals has exceeded its JORC exploration target by an impressive 40 per cent with a maiden mineral resource estimate of 70.6Mt at 0.7 per cent nickel at its Coglia nickel-cobalt project in WA. The company's resource estimate is well above the 50Mt upper limit of its former JORC exploration target and has room to grow from its base of 70.6Mt at 0.7 per cent nickel and 460ppm cobalt for 476,000t of nickel and 32,200t of cobalt contained.
Mineral explorer Panther Metals says final assay results from drilling at its Coglia project in the Laverton region of WA have returned its best nickel and cobalt grades at the operation to date. The banner results include a 1m intersection going 3.97 per cent nickel from 64m with a 1m copper hit grading 7900 parts per million from the same depth.
Panther Metals is continuing to keep its drill crew busy as it moves its RC rig from the 38 holes just drilled at the company's Eight Foot Well gold prospect near Laverton in WA to the Merolia gold project where grab samples from the Burtville East target have yielded grades of up to 38.45 grams per tonne gold.
Mineral explorer Panther Metals has gold in its sights after launching a 2500m RC drill program at its Eight Foot Well prospect near Laverton in Western Australia. According to the company, the campaign will see it kick off infill and extensional drilling as it looks to vector in on the region's historic gold trend in search of a mineral resource.
Minerals explorer Panther Metals has hit a new high from drilling at its Coglia project in the Laverton region of WA with initial assays delivering the best nickel and cobalt grades to date at the venture. The headline results were a 1m intercept going 3.77 per cent nickel from 74m in one hole and another 1m section at 3160 parts per million cobalt from 49m in another.
Panther Metals has amassed high-grade nickel and cobalt zones in all drill holes assayed to date in a maiden program at the company's flagship Coglia project just 70 kilometres east of Glencore's Murrin Murrin mine about 880 kilometres east of Perth. Noteworthy results include 14 metres grading 1.17 per cent nickel from 49m downhole with an internal metre going 3.44 per cent nickel and 1,460 ppm cobalt.
Nickel and gold explorer Panther Metals has ticked over the halfway mark in its maiden 6,000 metre drill campaign targeting nickel-cobalt mineralisation at the company's flagship Coglia project just 70 kilometres east of Glencore's Murrin Murrin processing plant within the Laverton region of WA. The first assays have been submitted, testing the prospectivity of the laterite hosted nickel-cobalt mineralisation.
Panther Metals has wasted no time getting stuck into its maiden RC drill campaign targeting nickel sulphides at the company's Coglia project in WA after listing on the ASX only last week. The planned 6,000 metre program will explore the deeper nickel sulphide potential at the Coglia nickel-cobalt project southeast of Laverton before shifting focus to its Eight Foot Well gold project nearby.
Panther Metals commenced trading on the ASX today after raising $5 million through its initial public offering. Drilling at its flagship Coglia nickel laterite deposit is set to commence imminently with a 5,000m RC program aimed at following up some historical drill hits going 2.5 per cent nickel. The maiden drilling also aims to shore up the estimated 30-50 million tonne deposit grading at approximately 0.7 per cent nickel.
Nickel-gold explorer Panther Metals says it is ready for an imminent start drilling after landing on the ASX following a $5 million oversubscribed IPO.
Panther Metals is set to hit the ASX with $5 million in the tin following an IPO that will focus on a plethora of walk-up targets at its nickel and gold assets in WA and the NT that look like they are begging to be drilled. London listed parent company, Panther Metals Plc, will spin out its Australian assets into the soon to be listed Panther Metals Ltd .
