Panthera Resources is an AIM listed (AIM:PAT) gold exploration and development company with assets in India and West Africa.

At the Bhukia gold-copper deposit (70% JV) in Rajasthan, India, Panthera’s exploration outlined an initial 1.74Moz JORC complicant resource. Subsequent drilling by the Geological Survey of India resulted in a published report announcing a resource of 6.7Moz (now defined as an exploration target by Panthera), which will be the subject of a BFS related drilling program upon the anticipated grant of a Prospecting Licence.

In West Africa Panthera has rights to four properties with demonstrated gold mineralization including the recently acquired Labola project, where a 9km long zone of artisanal workings and previously defined (JORC and 43-101 compliant) resources of 600koz Au represent an excellent target and have been consolidated under one ownership for the first time.

Plans and Latest Developments:

Panthera is unlocking the value of its key assets through a series of operational and corporate initiatives. The Bhukia project in India is expected to benefit from Galactic Gold Mines PVT LTD efforts to assist with permitting and financing in India and we are also investigating the possibility of a joint listing on the Bombay Stock Exchange. The portfolio of West African gold properties now all have advanced drill ready targets where we are confident of positive results. Additionally, our investment in Anglo Saxony is benefitting from advancement of a Pre Feasibility Study, excellent metallurgical test results and further funding.

Why should investors invest in you?

Panthera is well managed with immense upside to be unlocked. It has a balance sheet that is supported by two corporate transactions that bring liquidity to the company in successive steps to support project advancement. Its asset base provides upside exposure to that is clearly amongst the best in the industry and it is underwritten by robust valuation metrics and it has become a highly liquid stock. Management and the board has demonstrated itself to be determined, resilient and able to identify and progressively unlock the value of a world class asset, while growing value on multiple other fronts.

Ticker:

AIM: PAT

Countries of Operation:

India | West Africa | Germany

Commodity:

Copper | Gold | Tin | Zinc

Project Status:

Exploration

Geoff Stanley, Managing Director of Panthera Minerals will present a Mining Spotlight in the Gold and Precious Metals Session at Mines and Money Asia 2019. Download the programme now.