Panther Metals (LSE:PALM) reported the fourth batch of Vibracore assay results from its Winston Tailings Project, covering 22 collar locations and confirming continuity of gold, gallium, silver, zinc, copper, indium and cobalt within the tailings storage facility.
The results derive from HQ (63.5mm) core testing vertical tailings thicknesses varying between 3m and 16.7m, with a maximum intersected thickness of 16.8m and an average vertical thickness of 8.7m, and the company is an exploration company focused on mineral projects in Canada. Assays were completed by ALS Laboratories using ME‑MS61, Au‑ICP21 and Zn‑OG62 methods, and Panther says Batch 4 supports or exceeds preliminary assay results it previously announced.
The Vibracore sampling grid comprises 109 collar locations staggered at nominal 50m spacing along east‑west fence lines with 25m north‑south spacing, giving effective horizontal sample spacing averaging 25m or 35m and covering up to 904m by 230m across the TSF.
Panther says the Mineral Resource estimate, supported by sampling, mineralogical and metallurgical testwork, is integral to advancing Winston towards a cashflow proposition and will provide inputs to the Recovery of Minerals Permit application process commenced on 1 September 2025.
"These latest results continue to confirm continuity across the Winston Tailings Project tailings footprint, further strengthening our confidence in the project's scale and consistency," said Darren Hazelwood, Chief Executive Officer.
Ongoing workstreams will add to the dataset and feed the MRE process ahead of further technical and permitting milestones.