"We have developed the business to a point at which the portfolio may be rapidly commercialised"
Panther Metals PLC (LON:PALM) said it will continue to positioning itself strategically on orogenic gold systems in Archaean and Paleoproterozoic geological settings.
Kerim Sener, chairman, explained: “These systems account for the majority of all gold mined globally and occur across cratons (ancient continental crust) preserved in places across the world's continents.
“Our efforts in both Canada and Australia, to date, have incidentally been successfully focused on such terranes already.”
Panther’s key projects are Big Bear and Dotted Lake in Canada, the Merolia Project in the Eastern Goldfields of Western Australia and two assets in the Northern Territory.