Panther Metals

Financials:

Primary ticker: ASX:PNT
Stage of development: Exploration, Development
Primary minerals: Nickel, Cobalt, Gold
Project to promote: Coglia Ni-Co Project & Merolia Gold Projects
Project location: Australia
Website: www.panthermetals.com.au

Panther Metals Ltd is an ASX-listed Nickel-Cobalt and Gold explorer. Panther’s current focus is to rapidly explore and develop nickel-cobalt and gold resources located near major nickel and gold production centres. In June 2022, Panther discovered its 70.6Mt Nickel-Cobalt resource at the Coglia Project, containing 476kt nickel tonnes and 32.2kt cobalt tonnes. The system runs over 7km of strike and remains highly untested and open. Following this, drilling at the Burtville East gold project has returned bonanza gold assays including new shallow high-grade gold zone of 15m at 53.94g/t gold from 27m.


Cash:
AUD3.6M
Debt: NIL


Major shareholders:

Panther Metals Plc – 36.6%
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED – 6.59%
BONANZA RESOURCES PTY LTD – 3.89%
CAVALIER CORPORATE PTY LTD <THE CAVALIER A/C> – 3.84%
ASGARD METALS PTY LTD – 3.20%

Management Profile

DANIEL TUFFIN – Managing Director and CEO
BEng, BSc, DipPM, FAusIMM(CP), MAICD
 
  • Over 20 years of experience in the minerals industry, both in Australia and abroad
  • Co-Founder and Chairman of Auralia Mining Consulting
  • Development and mining of Barrick Kalgoorlie gold projects
  • Co-founder of successful private mining projects including Kalgoorlie’s Rose Dam Resources
  • Executive Technical Director Cavalier Resources (ASX:CVR) and Non-executive Director Mount Malcolm Mines NL (ASX:M2M)
RANKO MATIC – Director and CFO/Company Secretary

Ranko is a Chartered Accountant with over 30 years’ experience in the areas of financial and executive management, accounting, audit, business and corporate advisory.

He has been involved in an advisory capacity to over 40 initial public offerings and other recapitalisations and re-listings of ASX companies in the last 20 years.

Currently, Ranko is also Executive Chairman of Cavalier Resources Limited (ASX:CVR) and Non-executive Director of Lycaon Resources Ltd (ASX:LYN) and Locafy Limited (NASDAQ:LCFY)

What recent news would you like to highlight to investors attending?

30 January 2023 – Positive HPAL Test Results from the Coglia Nickel-Cobalt Project

8 December 2022 – New Lodes and Expanded Drilling Area at Burtville East

29 September 2022 – Bonanza Gold Assay & Visible Gold in Core at Burtville East

4 August 2022 – Diamond Drilling Commences at the Ironstone Gold Prospect

What are your key goals for the next 3, 6 and 12 months?

6 Months

Continued exploration programmes:

– Maiden Gold MRE: Eight Foot Well
– Ni-Co Drilling: Mt Goose, Extensional drilling Coglia. Follow up at Salamis Prospect
– Au Drilling: Annaburroo at Donkey Hill & Mikados areas

12 Months

Updated Ni-Co MRE: Coglia
Mine Scoping Study: Coglia
Au Drilling: Marrakai
Maiden Au MRE’s