Core Viewpoint - Panther Minerals Inc. has initiated exploration activities on its East Brouillan Copper Property, aiming to assess mineralization potential and further define geological features in the region [1][4][5]. Group 1: East Brouillan Copper Property - The East Brouillan Copper Property consists of 14 claims covering approximately 778 hectares in Quebec's Abitibi greenstone belt, near the Brouillan Volcanic Complex [2][3]. - The exploration program will be conducted at both regional and local scales, including regional prospecting, airborne geophysics, and soil sampling [4]. - Local exploration will focus on geological mapping and geochemical soil sampling to evaluate mineralization potential [5]. Group 2: Rubidium Ridge Lithium-Tantalum Property - The company has entered into an agreement to acquire a 100% interest in the Rubidium Ridge Lithium-Tantalum property from Usha Resources Ltd. for $80,000 cash and 4,500,000 common shares [6][9]. - The Rubidium Ridge property consists of 110 claims and has identified significant deposits, including the B26 Deposit with 13.0 million tonnes at 2.1% CuEq [7]. - The property is subject to a 2% net smelter returns royalty, with a buyback option for 1% [9]. Group 3: Exploration Activities - The exploration activities will include prospecting to identify outcrops, geophysical assessments using drone surveys, and analysis of electromagnetic conductors associated with geological features [8]. - The exploration will focus on three specific targets, with updates expected throughout the field season [5]. Group 4: Company Overview - Panther Minerals Inc. is focused on developing quality precious and base metal properties that are drill-ready with high upside potential [12]. - The company trades on multiple exchanges, including CSE under the symbol PURR, OTCQB under GLIOF, and FWB under 2BC [12].
Panther Minerals Begins Exploration Program at the East Brouillan Property and Announces Proposed Transaction
Thenewswire·2026-02-19 12:30