Panthera Resources: Advancing a diverse portfolio of gold exploration assets

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18237500 - businessman hand pointing to investment as concept

() () said the expanded induced polarisation (IP) survey at the Kalaka Project in southern Mali has enhanced the definition of existing targets as well as identified several additional ones.

The gold exploration and development company said its associate company, Moydow Holdings Limited, has completed the IP survey over 150 line kilometres and a drill rig has been secured to drill test the highest priority anomalies after the wet season later in the year.

Moydow, in which Panthera holds a 45.8% equity interest, is earning an 80% interest in the Kalaka Project.

Several new high-order chargeability highs were found in the survey, indicating possible disseminated sulphides at depth, Panthera said, with many chargeability highs associated with geochemical anomalies and artisanal mining activity.

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