Transcription of The Stock Network Interview with Panther Metals (ASX:PNT) Managing Director and CEO, Daniel Tuffin
Lel Smits: Panther Metals is a mineral exploration business advancing its highly prospective portfolio of gold, nickel and cobalt projects located across tier one mining districts in Western Australia and the Northern Territory. Panther Metals Managing Director and CEO Daniel Tuffin joins me on The Stock Network. Daniel, welcome to TSN.
Daniel Tuffin: Thanks for having me.
Lel Smits: Now, Panther’s gold projects in Western Australia sit on underexplored ground in the same region as several major producers such as Goldfields and Glencore. At your Birchville East prospect near Laverton, you have already returned some eye-catching gold hits. Can you tell us about these results? Yeah, great ground in a great location, isn’t it?
Daniel Tuffin: We’ve also got Brightstar Resources there. We’ve got Focus, Goldfields of Australia, Anglo Gold Ashanti and Genesis have moved in. So, you know, we’re really focusing on a great stretch of ground. It’s 35 kilometres of strike and some of the historical hits we’ve had at Birchville so far include 6 metres at 26, 28.66. We’ve got 8 metres at 15. We’ve had metre intercepts of Bonanza intercepts of the metre at 478 grams a tonne. That’s nearly 16 ounces of the tonne.
Yeah, we’ve got really exciting numbers out there.
Lel Smits: Awesome. And in terms of further exploration upside, you recently launched a new drilling campaign at Birchville East. What exploration upside does the prospect hold, do you think? And also, have you identified any other gold targets at your Laverton tenure?
Daniel Tuffin: Yeah, so I’ll answer the first question first. I guess what we’re really looking at here is expanding the strike or exploring the potential to expand the strike at the Birchville East project. It is more of an advanced exploration target for us.
It was mined in the 80s by a couple of privateers. So there is an existing stope there. So we are looking at probing the void to understand where the stope is with regards to future bulk mining activities.
We’re looking at testing the stockpiles on site for mineralogy and met studies to see if we can monetise those stockpiles in any way. So we’re really excited about what we’re doing out there with this latest round of drilling. Further down south, as I said, it’s 35km of strike.
Birchville lies right to the very north. About halfway along strike, we’ve got the Comet Well area where we hit nuggets whilst we were preparing drill pads late last year for the drilling. We had some smoke come out of drilling around there that we hadn’t had any drilling in the area before, including a metre at 3.2, a metre at 1.76. That’s fairly shallow.
And then if we go just a little bit further to the south at the other end of the trends, there’s 40 Mile Camp. And that’s only had one round of drilling in it historically, where we got some smoke where no one had drilled before. So it’s a big area.
I think that’s the one thing to get across to anyone watching this now. It’s 35km of strike. It’s right on the edge of the Yilgarn Creighton on the eastern side, southeast of Laverton, hot area of activity.
Lel Smits: Thank you so much for outlining all of your recent activity as well and look forward to further updates. Thank you, Daniel.
Daniel Tuffin: Thank you very much.
Ends