Panther Metals (ASX:PNT) has started extensional drilling at its flagship Coglia Nickel-Cobalt Project, plus further exploration at the Mt Goose nickel and Comet Well South gold prospects in the Laverton region of Western Australia.
Highlights
- The RC drill programme at Coglia aims to grow the 70.6Mt Nickel-Cobalt resource at Coglia, which is within trucking distance to Glencore’s Murrin Murrin HPAL plant.
- Three key areas are in the ‘Southern JORC Exploration Target’ and the ‘East’ and ‘Central’ exploration targets, as Panther aims to unlock the full potential of this highly promising battery metals project.
- Concurrently, a 378 hole auger drill programmw has started across two other areas.
- At Mt Goose, Panther will test an area where a historic peak soil sample of 1.5% nickel was returned, but not followed up on.
- The company will additionally target infilling an untested portion of the Comet Well South area which covers a highly anomalous gold trend.
“We are thrilled to announce the commencement of the second drilling campaign at our Flagship Coglia Nickel-Cobalt Project. This campaign marks a significant step forward in our efforts to expand the 70.6Mt resource and unlock the full potential of this highly promising battery metals project,” Managing Director and CEO, Daniel Tuffin, said.
“The company also continues to actively pursue opportunities to enhance the value of our portfolio in the Laverton region. As part of this endeavour, we intend to test the Mt. Goose nickel and Comet Well South gold prospects through the execution of 378 auger drill holes, aiming to substantiate the presence of additional target areas and uncover their untapped potential across these two prospects.
“The company remains committed to delivering value through strategic exploration and resource expansion programmes. We look forward to providing updates on the progress of the auger drilling campaigns and the continued development of the Coglia Nickel-Cobalt Project.”
For further information please visit: https://panthermetals.com.au/
