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High Priority Targets Identified by IP Survey
High Priority Targets Identified by IP Survey.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4723B\n Panthera Resources PLC\n 10 June 2021\n \n \n \n \n \n \n \n 10 June 2021\n \n \n \n \n \n Panthera Resources plc\n \n \n (\"Panthera\" or \"the Company\")\n \n \n \n \n \n High Priority Targets Identified by IP Survey \n \n \n \n \n \n Panthera Resources Plc (AIM: PAT), the diversified gold exploration and development company with assets in West Africa and India, is pleased to announce that the IP survey has now been completed at the Bassala Project. Importantly, the survey has identified several 'stand-out' targets that require follow up with drill testing.\n \n \n \n \n \n Highlights\n \n \n · \n IP survey completed - 135 line kilometres\n \n \n · \n Several high order chargeability highs - indicative of disseminated sulphides at depth\n \n \n · \n Certain chargeability highs can be traced over 6,000m, 4,700m and 2,200m\n \n \n · \n Many chargeability highs associated with geochemical anomalies and artisanal mining activity\n \n \n · \n A drill rig is being sought, if available, to commencing before the wet season commences\n \n \n \n \n \n Commenting on the announcement, Mark Bolton, Managing Director of Panthera said:\n \n \n \n \n \n \"The IP geophysical technique continues to be an effective vectoring tool on our West African gold projects, with the recent results from the survey at Bassala being no exception. We have been highly encouraged by the identification of several well-defined chargeability highs at Bassala, over extensive zones, which are often associated with gold in soil anomalies and/or artisanal mining activity. We are intent on sourcing a drill rig to conduct a accelerated drilling programme to test the large anomalies before the onset of the wet season. Further updates on any planned drilling programme will be provided when available.\n \n \n \n \n \n While the project is in its early stage, Bassala is already yielding strong encouragement. Alongside our other licences, Bassala is just one of many projects that we are actively advancing to deliver shareholder value. \n \n \n \n \n \n A PDF version of the announcement, inclusive of images, can be found on the Company's website or by following the links below:\n \n \n \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/4723B_1-...