Panthera Resources: Advancing a diverse portfolio of gold exploration assets

Panthera Resources PLC is focused on gold exploration and development projects in India and West Africa.

The company’s Labola gold project in West Africa has a resource of 5.41mln tonnes grading 1.52 grams per tonne gold for 264,000 ounces in the indicated category.

() has produced a maiden mineral resource estimate for the Labola gold project in West Africa.

The resource has been prepared by the company’s associate Moydow Holdings Limited and amounts to 5.41mln tonnes grading 1.52 grams per tonne gold for 264,000 ounces in the indicated category and 6.93mln tonnes grading 1.67 grams for 371,000 ounces inferred.

Three mineralised zones have been outlined from the various drilling programs and each zone is open in all directions.

Extensive target generative work demonstrates many opportunities for resource expansion which include extensions to the current pit constrained resources, zones with only widely spaced drilling, extensions of known mineralised zones with no drilling, untested artisanal sites and potentially new mineralised zones.

Panthera Resources PLC (LSE:PAT) said final assay results from shallow aircore (AC) drilling at the Bassala gold project in Mali were the best so far.

The results confirmed the presence of additional significant gold mineralisation in the northern part of the project area, an area associated with artisanal workings, the junior said.

Panthera Resources PLC (LSE:PAT) has released assay results for the exploration drilling programme at the Labola (Wuo Land) project in Burkina Faso.

The drilling was undertaken by Panthera’s associate company Moydow Holdings Limited.

“One of our challenges is that we have so many opportunities in front of us,” says Mark Bolton, the managing director of Panthera Resources PLC (LON:PAT).

It only takes a quick glance over the company’s portfolio of assets to see what he means.

() () Mark Bolton joins Proactive London to present their maiden mineral resource estimate news for the Labola gold project in West Africa.

The resource has been prepared by the company’s associate Moydow Holdings Limited and amounts to 5.41mln tonnes grading 1.52 grams per tonne gold for 264,000 ounces in the indicated category and 6.93mln tonnes grading 1.67 grams for 371,000 ounces inferred.

Three mineralised zones have been outlined from the various drilling programs and each zone is open in all directions.