Panthera Resources PLC - West Africa and India-focused gold miner - Posts assay results for the exploration drilling programme at the Labola project in Burkina Faso. The highlights were four metres grading 19.7 grams per tonne gold and three metres grading 3.46 grams per tonne.
Mark Bolton, managing director of Panthera says: "The high-grade intercepts being returned from exploration targets defined by artisanal workings, geophysical anomalies and previous drilling are very encouraging. The results reaffirm our confidence in the potential to materially expand the mineralisation already identified by the historical drilling."
Current stock price: 13.25 pence
Year-to-date change: down 60%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Panthera Res. (PAT)