Another huge RNS22 Jul 2024 08:16
Dotted Lake Permit Granted
Darren Hazelwood, Chief Executive Officer, commented:
"Dotted Lake has generated a huge amount of interest since the Canadian listed exploration junior 'GT Resources Inc' began unravelling the new district scale potential along their Tyko One Belt - a target that ultimately led to Glencore taking a stake in that business.
The parallels drawn between those discoveries and what is known about the north shore of Dotted Lake has not been missed by the industry. To date I've fended off any interest; for a junior explorer to have this strength of target, in proximity and comparable to GT's greenfield success, is a rare situation, and Panther's potential for growth is highly favourable given the technical similarities. Owning 100% of this project with no underlying financial instruments has strengthened our hand, the Exploration Permit was the only requirement, and excitedly this is now in place.