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IN BRIEF: Panthera assay finds "significant mineralisation" at Kalaka

Mon, 09th Oct 2023 11:54

Panthera Resources PLC - gold explorer and developer with assets in India and West Africa - Announces assay results from recent drilling programme at the Kalaka project in southeastern Mali. Company is the project's operator and owns a 40% interest, as does DFR Gold Inc. Says significant mineralisation was intersected at the K1A prospect, comparable to historical drilling. Completed eight reverse circulation drill holes for 705 metres advance at K1A. Panthera says assay results include 76 metres at 0.53 grams of gold per tonne in hole KRC_23_005 and 85 metres at 0.52 grams in KRC_23_007. Drilling was however interrupted due to heavy rain, meaning that proposed northern exploration holes currently remain untested.

Current stock price: 7.70 pence, down 3.1% in London on Monday

12-month change: up 47%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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