Panther Metals Plc (LSE:PALM) has finalized two option and purchase agreements that pave the way for the creation of the Winston Project—a high-grade zinc, copper, and precious metals volcanogenic massive sulphide (VMS) asset located in Ontario, Canada. The agreements consolidate key properties from First Quantum Minerals Ltd and Frontier Energy Ltd, strengthening Panther’s foothold in a mineral-rich region.
Financial projections for the project are robust, with expectations of generating an average annual EBITDA of C$67.64 million and a pre-tax net present value (NPV) of C$175.8 million. The Winston Project benefits from established infrastructure and promising exploration potential, enhancing its viability and attractiveness as a long-term growth driver.
With this development, Panther Metals positions itself to unlock significant shareholder value through focused exploration and development in one of Canada’s most prospective mining jurisdictions.
About Panther Metals Plc
Panther Metals Plc is a mineral exploration company focused on advancing high-grade base and precious metal projects in Canada. Its primary interest lies in volcanogenic massive sulphide (VMS) deposits, particularly those rich in zinc, copper, and precious metals. The company is listed on the London Stock Exchange’s AIM market.
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