Announcement Date: 2022-02-08
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Panoramic Resources Ltd.
Project name: Savannah
Location: Australia
Commodities: Copper,Nickel,Cobalt
Highlight: Drilling results incl. 30.5m @ 1.58% Ni, 0.53% Cu, 0.11% Co from 235.9m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Panoramic Resources Limited (ASX:PAN) (“Panoramic” or the “Company”) is pleased to provide an update on the most recent Resource definition at Savannah North. A broad spaced drill out has been completed between the 1250 and 1500 RL levels in the central and western margins of the Savannah North Resource. The drilling provides the framework for mine development and stoping in the central and western part of the Savannah North Resource. The program was completed in January 2022 and results are summarised in Table 1 (Appendix 1). The program targeted an area of the Savannah North Resource above current underground workings. The area currently hosts a zone of Inferred Resource which is included in the Savannah Mine Plan. A total of 24 drill holes for 6,889 drill metres were completed with 981 samples collected and submitted for assay. Resource definition drilling between the 1250 and 1500 RL levels has now been completed to 25 x 25m spacing. Thick zones of mineralisation were returned which support future mining. Better results include
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