Panther Metals plc has confirmed a 1.2km long open-ended gold trend from diamond drilling at Dotted Lake on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. CORRELATION The company’s first phase I drill core assays also showed an intersection of “high grade zinc/gold volcanogenic massive sulphide-style mineralisation”. Drill hole DL24-001 returned “highly anomalous […]
Tag: Ontario – Canada
FCM secures proposed £2m investment
First Class Metals plc has secured a proposed £2.18 million investment for a 51.2% ownership via a shares subscription from Seventy Ninth Group Ltd. SUPPORTIVE The two-stage subscription will be for a total 128,500,000 ordinary shares of £0.001 at 1.7p per share. The two stages comprise 78,552,084 and 49,947,916 shares respectively, subject to shareholder approval. […]
Panther begins soil sampling at Dotted Lake
Panther Metals plc has started additional soil geochemistry sampling potentially to accelerate exploration at Dotted Lake on the Schreiber-Hemlo greenstone belt in Ontario, Canada. SNOWFALL Bayside Geoscience Inc’s 1,000 metre survey comprises an extension and infill sampling to the 2021 soil survey grid which yielded “significant nickel, cobalt, copper, gold and platinum group element anomalies”. […]
Panther awards drill contract for Dotted Lake
Panther Metals plc has awarded the contract for phase I diamond drilling and access trail logistics at Dotted Lake, on the north limb of the Schreiber-Hemlo greenstone belt in Ontario, Canada. CAMPAIGN The company said that Platinum Diamond Drilling Inc was mobilising to the site as part of drill pad and access preparation work. The […]
Panther identifies 500m conductor at Dotted Lake
Panther Metals plc has delineated an electromagnetic plunging conductor with a 500m strike length at its 100% owned Dotted Lake project on the Schreiber-Hemlo greenstone belt in Ontario, Canada. TARGETS The “very compelling” target is one of two parallel conductors identified following completion of independent 3D geophysical modelling and interpretation of airborne geophysical survey datasets. […]
Fulcrum raises £643,500 via subscription
Fulcrum Metals plc has raised £643,500 via a 45% discounted conditional subscription of 8,043,750 new ordinary shares of 1 pence, at a price of 8 pence per share, by certain existing shareholders. DIRECTORS The company’s directors will later this month raise an additional £114,500, comprising a £89,769 subscription and conversion of outstanding salaries totalling £24,731 into […]