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Drilling Commenced - Wishbone VMS Prospect
Drilling Commenced - Wishbone VMS Prospect.
About this update from Panther Metals Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0433O\n Panther Metals PLC\n 05 October 2021\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 \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n \n \n \n \n \n PANTHER METALS PLC\n \n \n (\"Panther\" or the \"Company\")\n \n \n (Incorporated in the Isle of Man with company number 009753V)\n \n \n 5th October 2021\n \n \n \n \n \n \n \n \n Drilling Commenced - Wishbone VMS Prospect\n \n \n \n \n \n \n \n \n Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, is pleased to announce the commencement of diamond drilling on the Wishbone volcanogenic massive sulphide (\"VMS\") prospect at the Obonga Project in Ontario, Canada.\n \n \n \n \n \n Darren Hazelwood, Chief Executive Officer, commented:\n \n \n \n \n \n \"The execution of our strategy to advance our projects as rapidly as possible is now fully in play. In Canada, target definition diamond drilling which is seeking to confirm VMS style mineralisation at the Obonga Project's Wishbone Prospect has now commenced. The Wishbone drilling follows rapidly on the heels of the recent commencement of diamond drilling at our 100% owned property at Dotted Lake. \n \n \n \n \n \n \n The building of shareholder value through discovery sits as a core principle of Panther Metals. With multiple, highly prospective, geologically justified, targets across our portfolio, we now find ourselves perfectly positioned\n \n \n \n to make a commercial discovery. I look forward to further updating the market as our projects advance and as results become available\".\n \n \n \n \n \n \n \n \n \n Wishbone Drill Programme Details\n \n \n \n \n \n The Wishbone Phase 1 diamond core drilling programme consists of up to three diamond core drill holes seeking to test strong geophysical expressions which are considered to be indicative of VMS type mineralisation. The current programme is utilising a single-shift operated drilling rig with BTW size equipment to produce a 42mm diameter cor...