Business
Geophysical Data Processing and Initial Targeting
Geophysical Data Processing and Initial Targeting.
About this update from Panther Metals Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8581B\n Panther Metals PLC\n 15 June 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 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 15 June 2021\n \n \n Completion of Geophysical Data Processing and Initial Targeting\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 completion of data processing from its airborne geophysical programmes on its 100%-owned projects in Western Australia and the Northern Territory. \n \n \n \n \n \n Darren Hazelwood, Chief Executive Officer, commented:\n \n \n \n \n \n \"The completion of our airborne geophysical programmes in Western Australia and the Northern Territory marked an important point in the development of our Australian portfolio. Going a step further, we have now integrated our high-resolution geophysical data coverage with other open-file data across our regions of operation, providing us with a unique tool for further exploration, enabling contextual exploration targeting across our licence areas. This represents a cornerstone to our exploration strategy, which builds datasets systematically to improve on our ability to complete successful targeting and field follow-up.\"\n \n \n \n \n \n Summary of Geophysical Programmes\n \n \n \n \n \n The 5,867 line-km airborne geophysical survey over the Merolia Gold Project area, in Western Australia, was completed by Thomson Airborne Pty Ltd. The high resolution survey, involving the collection of magnetic, radiometric and elevation data on a 50m line spacing and at a nominal flight altitude of 35m above ground, utilised a conventional fixed-wing platform. This data has been integrated with other regional high-resolution datasets to assist with exploration targeting (Figure 1).\n \n \n \n \n \n \n \n https://www.panthermetals.co.uk/images/20...