Darren Hazelwood on Panther Metals’ VMS Project Scale and the Graphite Potential Near Thunder Bay
In a compelling interview at PDAC 2024, InvestorNews host Peter Clausi engaged with Darren Hazelwood, CEO of Panther Metals PLC (LSE: PALM), to discuss the company’s significant progress and exploration insights, particularly surrounding the Obonga Project near Thunder Bay. Hazelwood shed light on the company’s exploration achievements, notably at the Obonga Greenstone Belt, where Panther Metals has discovered substantial Volcanogenic Massive Sulphide (VMS) mineralization and several new VMS lenses through targeted drilling. These findings underscore the project’s potential to host Canada’s next VMS camp, a prospect supported by comparisons with the productive Sturgeon Lake Greenstone Belt. The CEO expressed confidence in the project’s scale and the promising indicators for further exploration success.
Adding to the narrative of exploration success, Panther Metals also provided an update on the graphite potential within the Obonga Project’s Awkward Prospect. The company’s focused drilling and historical data review have extended the graphite potential, revealing significant intersections of crystalline ‘flake’ graphite. This update, encompassing an additional 21.5 km² target area for graphite exploration, marks a pivotal expansion of Panther Metals’ mineral exploration endeavors in Canada. Hazelwood’s commentary highlighted the strategic importance of graphite in the context of global decarbonization, emphasizing the potential of the Awkward Prospect to contribute significantly to the supply of this critical mineral. With these developments, Panther Metals underscores its robust exploration strategy, leveraging technological advancements and extensive geological insights to uncover valuable mineral deposits within its diversified portfolio in Canada and through strategic investments in Australia.
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