Pantera Minerals kick-starts first manganese drilling at Weelarrana

A program of up to 100 drill holes for 2,500m will test high-grade outcropping manganese mineralisation at Mn Area 2,3, and 4 within the Weelarrana project.

To begin with, a 1,900m reverse circulation (RC) campaign of around 77 holes will focus on the manganese (Mn) occurrences with surface grades of between 7.5% to 42% Mn within Areas 2,3, and 4.

Pantera (ASX:PFE) says once that program is completed, a further 600m (for a total of 2,500m across the drill campaign) of up to 25 planned holes will infill and seek to extend manganese mineralisation encountered in a November drilling program to the north and east.

Standout assays from that program returned 5m at 12.3% Mn from surface, 3m at 19.7% Mn from 3m, and 2m at 17.1% Mn also from 3m, demonstrating manganese mineralisation over a strike length of 600m.

Follow-up drilling across high-grade Manganese results

“We are excited to have started Phase-2 drilling at Weelarrana, which is the culmination of a substantial effort from our team, with support from the Traditional Owners and local pastoralists,” PFE CEO Matt Hansen says.

“This RC drill campaign is the first drill testing of Pantera’s high-grade, outcropping manganese targets and will include follow up drilling of the high-grade manganese results at Mn Area 1.

“We look forward to updating the market with the results of the RC drill campaign when received.”

Assays are expected in early Q3.

This article was developed in collaboration with Panterra Minerals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.