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Fulcrum Metals: Schreiber-Hemlo Gold Assays
Fulcrum Metals: Schreiber-Hemlo Gold Assays.
About this update from Panther Metals Plc
[{"type":"text","content":"\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 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) REGULATIIONS (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 \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 2 March 2023\n \n \n \n Fulcrum Metals:\n \n \n Schreiber-Hemlo Project Gold Assays\n \n \n \n \n \n \n Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada, is pleased to note that Fulcrum Metals PLC (\"Fulcrum\") have announced an exploration update and high-grade gold assay results, for the Big Bear property, part of Fulcrum's Schreiber-Hemlo Project, in Ontario, Canada.\n \n \n \n \n \n Panther holds a total of 9,971,839 ordinary shares in Fulcrum representing a 20% interest in the entire issued share capital of Fulcrum, plus 714,286 warrants exercisable at 17.5p with a two-year life from 14 February 2023 and a further 476,190 warrants exercisable at 26.25p with a three-year life. Panther also retains a 2% net smelter return (\"NSR\") royalty over the Big Bear Project.\n \n \n \n \n \n Fulcrum's full announcement, together with illustrative figures, is available to view at the following link:\n \n \n https://fulcrummetals.com/news/\n \n \n \n \n \n Summary\n \n \n \n ·\n Fulcrum report the results of a prospecting programme at the Big Bear property part of their Schreiber-Hemlo Project. Work focussed on geological structural mapping and sampling centred around the Schreiber area covering known mineral occurrences and historical gold workings.\n \n \n \n \n \n ·\n A total of 45 rock samples were collected for assay, with results confirming the gold prospectivity of the property, ...