Announcement Date: 2022-06-27
Announcement Type: Deposit Estimation
Announcement Code: JORC
Company name: Panther Metals Ltd.
Project name: Coglia
Location: Australia
Commodities: Nickel,Cobalt
Highlight: Initial Resource Estimate for Project
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Panther Metals Ltd (ASX: PNT), (‘Panther’ or ‘the Company’) is pleased to announce the release of its maiden Nickel-Cobalt MRE for the Coglia Project. The maiden MRE exceeds the upper limit of the former JET by 20 million tonnes, 40% larger than the former JET. The Company’s maiden Coglia drill program has also resulted in a new Southern JET of 34Mt-62Mt at 0.40-0.65% Ni and 400-600ppm Co over a total area of ~2.7km2 and strike length of ~2.8km, while internal geophysical modelling and interpretation has highlighted a further two drill targets, ‘East’ and ‘Central’, covering a total area of ~3.7km2. The Coglia Nickel-Cobalt Project covers the eastern side of a significant greenstone belt which splays off the major Erlistoun Syncline. The belt is up to 10km wide but narrows to 3km wide in sections. The belt consists of a layered sequence of mafic and ultramafic rocks. In the central area and to the east, isolated outcrops of amphibolite (mafic hornfels) and foliated biotite granite are located on the granite/greenstone contact. Minor thin interlayered gabbro units occur throughout the tenement. Minor BIF units also occur in the northern part of the tenement area, folded within a structurally complex sequence of highly magnetic (N-S trending) mafic and ultramafic rocks which surround an internal granitoid.
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.

Standard

$ 10
Per Month

Stay up to date with the global mining industry.

  • The Opaxe Review
  • Search using Explore
  • 37,000 company announcements

Premium

$ 100
Per Month

Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data