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Mining & Metals Oil & Gas Panther Metals

Panther Metals completes 401m Awkward hole and starts Wishbone VMS drilling at Obonga

Panther Metals has finished the first diamond hole at the Awkward Conduit and started a 300m test at the Wishbone VMS prospect as part of its Obonga drilling programme in Ontario.

by tickstock newsroom
The image showcases a low-angle view of an RC drill rig's top section, highlighting the drill mast and a cyclone sample separator. The rig is silhouetted against a vibrant blue sky, with dust particles illuminated in the late afternoon sun, emphasizing the industrial context and mechanical authority of the equipment. aiImage created using AI — nano_banana_2

Panther Metals (LSE:PALM) has completed drill hole BR26-AW-P1-1 to a vertical depth of 401m at the Awkward Conduit and has begun hole BR26-WBP1-1 at the Wishbone Prospect, with the Wishbone hole planned to 300m and at 68m downhole at 17:00 local time, the company said.

Panther, an exploration company focused on Canadian mineral projects, is running the 2026 programme to follow up on prior work at Wishbone and Awkward that used drone magnetics, airborne EM and a three-dimensional inversion model to refine targets.

Wishbone carries material prior intersections including in 2021 a 27.3m massive sulphide intercept and a 51m sulphide-dominated zone, and 2022 results that included 3.6m at 3.9% Zn (with 2m at 6.8% Zn and 4.3 g/t Ag), supporting its interpretation as a VMS system and classification as a bimodal-type deposit.

The current campaign follows the company’s February plan for an approximately 2,000m diamond programme at Wishbone, is covered by an exploration permit valid through 2027, and is designed to test for the expected temperature-related copper and zinc zonation with assay results to be released as they are received.

by tickstock newsroom

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