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Dotted Lake - High Grade Gold Confirmed at Surface
Dotted Lake - High Grade Gold Confirmed at Surface.
About this update from Panther Metals Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2959E\n Panther Metals PLC\n 05 November 2020\n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n \n \n \n \n \n PANTHER METALS PLC\n \n \n (Incorporated in the Isle of Man with company number 009753V)\n \n \n 5th November 2020\n \n \n Dotted Lake - High Grade Gold Confirmed at Surface \n \n \n Panther Metals PLC (LSE:PALM) (\"Panther\" or the \"Company\"), the company focused on mineral exploration in Canada and Australia, is pleased to announce the results from the reconnaissance work conducted at our 100% owned Dotted Lake property in Ontario, Canada.\n \n \n \n \n \n The reconnaissance work consisted verifying and reopening former logging access routes into and within the property, visiting localities of historical work, making geological observations on lithologies and alteration as well as a limited amount of sampling. The underexplored Dotted Lake property is largely tree covered, with small lakes and boggy ground, and very limited bedrock outcrop emerging through the overburden.\n \n \n \n \n \n Panther submitted a total of seven samples for analysis at ALS Laboratories, taken from an area of stripped ground bordering the most northerly point on the Dotted Lake shoreline. This area was cleared in 2010, when four trenches were excavated to investigate gold in soil anomalies identified within small soil sampling grids conducted in 2008 and 2009.\n \n \n \n \n \n The 2010 channel sampling in historical trench Tr-10-4 returned two mineralised intervals; 1.14 g/t Au over 1.00 m; and 9.02 g/t Au & 859 ppm Zn over 0.40 m with a further 2010 prospecting sample returning Au 16.95 g/t Au & 7.7 g/t Ag from nearby.\n \n \n \n \n \n Panther outcrop sampling within Tr-10-4 verified the historical intervals returning 18.9g/t Au & 0.94 g/t Ag and 9.37g/t & 1.73 g/t Ag, with three of the remaining samples returning low level anomalous gold within the immediate stripped area.\n \n \n \n \n \n Mineralisation appears to be related to narrow sh...