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Dotted Lake Project - New Nickel Target Outlined
Dotted Lake Project - New Nickel Target Outlined.
About this update from Panther Metals Plc
[{"type":"text","content":"\n \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) (\"UK MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\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 \n FOR IMMEDIATE RELEASE\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n PANTHER METALS PLC\n \n \n \n (\"Panther\" or the \"Company\")\n \n \n (Incorporated in the Isle of Man with company number 009753V)\n \n \n 13 September 2022\n \n \n \n Dotted Lake - New Nickel Target Outlined\n \n \n \n Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada, is pleased to provide a technical update for the Dotted Lake Property (\"Dotted Lake\") with regards to the potential for ultramafic intrusive hosted nickel mineralisation. Dotted Lake is located on the north-eastern arm of the Schreiber/Hemlo greenstone belt to the north of the Dotted Lake intrusive batholith.\n \n \n \n \n \n A recent study incorporating the findings of Panther's airborne geophysics survey1 and the 2021 soil geochemistry survey 2 with recently digitised historical exploration data has defined a new area, in the northeast of the property, which is considered very prospective zone for nickel (Ni) mineralisation (the \"Ni Target\") and which is underlain by an ultramafic intrusive complex.\n \n \n \n \n \n A map outlining the Ni Target is available to view at the following link: \n \n \n https://www.panthermetals.co.uk/images/dotted-lake-ultramafic.jpg\n \n \n \n \n \n \n \n \n \n \n \n New Nickel Target\n \n \n \n \n \n \n Panther has digitised historical geochemical soil survey report data based on work undertaken by Clear Mines Ltd in August 1983 (the \"Clear Mines Survey\"). These results show a 2.8km long linear broadly east-west striking zone of elevated nickel in soil coinciding with a mapped ultramafic / ...