Business
Exploration Permit Applications & Work Planning
Exploration Permit Applications & Work Planning.
About this update from Panther Metals Plc
[{"type":"text","content":"\n \nRNS Number : 3424D Panther Metals PLC 18 February 2020 \n\nNOT 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\nFOR IMMEDIATE RELEASE\n\n\n \n\n\n\n\nPANTHER METALS PLC\n(Incorporated in the Isle of Man with company number 009753V)\n18 February 2020\nBig Bear Gold Project Exploration Permit Applications & Unmanned Airborne Geophysics Survey Preparation\nPanther Metals PLC (LSE:PALM) (\"Panther\" or \"the Company\"), the company focused on mineral exploration in Canada and Australia, is pleased to announce that applications for four exploration permits covering the Big Bear Gold Project (\"Big Bear\" or the \"Project\") in Canada, have been lodged. In addition, a geophysical contractor has visited the Project in order to plan the logistics for a drone based airborne magnetic geophysics survey of the Project. \nDarren Hazelwood, CEO, commented:\n\"The exploration permitting applications for the Big Bear Gold Project in Ontario, Canada, have been lodged to allow Panther to refine and test prospective gold and base metal targets outlined by both Panther and in historical exploration work. Successful permitting will allow Panther to undertake an inaugural core drilling programme of up to 20 diamond drill holes as well as associated bedrock trenching.\nWe are also pleased to announce that a geophysical contractor visited site last week in order to plan the logistics for the drone-borne aerial magnetics survey we are scheduling to be flown in early Spring. We look forward to providing further details on this in due course.\"\nPermitting Details\nThe four exploration permit applications respectively cover the north, south, east and west of the Project and supplement and append the existing exploration permit which is in place for the central part of the Project over the Schreiber Pyramid gold occurrence and gold occurrences in the vicinity of Bear Lake. An Activity Details Report has been filed with each application outlining the following planned work streams:\nWork included in the exploration permit applications:\n· Ground induced polarisatio...