Panther Metals (LSE:PALM) today reported receipt of the sixth and final batch of Vibracore tailings assay results from the Winston Tailings Project near Schrieber, Ontario, completing the on‑the‑ground sampling programme that underpins the planned Mineral Resource estimate and permitting workstreams.
The Batch 6 data cover 25 Vibracore collars on 17 east‑west profiles and are accompanied by supplementary samples from 49 of the 109 collar locations, with assays reporting gold, gallium, silver, zinc, copper, indium and cobalt recoverable in the tailings.
"These final, remarkably consistent assay results mark the completion of the on‑the‑ground tailings sampling work at Winston and the Vibracore results are feeding into the Mineral Resource modelling and estimation, and metallurgical recovery work streams," said Darren Hazelwood, Chief Executive Officer.
Assayed intersections in Batch 6 derive from tailings vertical thicknesses between 2m and 16.8m, with an average vertical thickness of 8.7m and a maximum of 16.8m across the tailings storage facility.
Vibracore samples are HQ core cylinders taken from the tailings surface beneath ice and water to the base, while supplementary samples comprise top‑30cm hand‑auger material, duplicates and bottom‑of‑hole grabs collected in bags and buckets.
All assays were certified by ALS Laboratories using ME‑MS61 multielement, Au‑ICP21 fire assay for gold and Zn‑OG62 for overlimit zinc.
Panther said the final results continue to show good grade consistency both vertically and laterally and support or exceed the preliminary batches the company announced between July 2025 and May 2026.
The company says the dataset will be used for Mineral Resource modelling, metallurgical recovery testwork and to support its Application for Recovery of Minerals Permit as part of progressing the project toward a cashflow proposition.
Panther noted on‑site high‑voltage power, transport and water infrastructure and ongoing site management by First Quantum, which it says reduces major pre‑processing capital requirements.
The next milestone is completion of the NI 43‑101 Mineral Resource estimate and further metallurgical work to inform the recovery‑permit application.
