Panthera Resources (PAT)

Sector:

Mining

Index:

FTSE AIM All-Share

 10.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 37.00
  • 52 Week Low: 6.00
  • Currency: UK Pounds
  • Shares Issued: 90.88m
  • Volume: 112,925
  • Market Cap: £9.77m
  • RiskGrade: 725
  • Beta: 0.01

Panthera rises on latest survey at Mali's Kalaka

By Josh White

Date: Thursday 19 Aug 2021

LONDON (ShareCast) - (Sharecast News) - West Africa and India-focussed gold exploration and development company Panthera Resources announced on Thursday that its associate company Moydow has completed the expanded induced polarisation (IP) survey at the Kalaka Project in Mali.
The AIM-traded firm said the survey enhanced the definition of existing targets, as well as identified several additional targets, in particular in the east of the survey area to the east of a "prominent" interpreted package of graphitic sediments.

It said the completed extension survey totalled 150 line kilometres, with several new high-order chargeability highs indicating possible disseminated sulphides at depth.

The largest anomalies exceeded four kilometres in strike length, with many chargeability highs associated with geochemical anomalies and artisanal mining activity.

A drill rig had been secured to drill test the highest priority anomalies after the wet season, later in the year.

"The IP geophysical technique has been proven to be a highly successful targeting tool on all of our West African gold projects," said managing director Mark Bolton.

"The enhanced definition of existing drill targets at Kalaka is highly encouraging and the identification of additional targets to the east of an interpreted package of graphitic sediments adds an entirely new mineralisation trend.

"We now have over 20 walk-up drill targets defined by chargeability highs - suggestive of sulphide alteration zones - with support from resistivity highs, geochemistry, other geophysical techniques and/or previous explorer drilling."

At 1043 BST, shares in Panthera Resources were up 2.81% at 13.88p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PAT Market Data

Currency UK Pounds
Share Price 10.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 37.00
52 Week Low 6.00
Volume 112,925
Shares Issued 90.88m
Market Cap £9.77m
Beta 0.01
RiskGrade 725

PAT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.61% below the market average29.61% below the market average29.61% below the market average29.61% below the market average29.61% below the market average
21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average
Price Trend
1.37% below the market average1.37% below the market average1.37% below the market average1.37% below the market average1.37% below the market average
5.34% above the sector average5.34% above the sector average5.34% above the sector average5.34% above the sector average5.34% above the sector average
Income Not Available
Growth Not Available

PAT Dividends

No dividends found

Trades for 15-Oct-2021

Time Volume / Share Price
14:23 68,725 @ 10.90p
10:40 39,000 @ 10.56p
09:01 200 @ 11.00p
08:15 5,000 @ 10.55p

PAT Key Personnel

COO Antony Truelove
CFO Mark Cranny

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