Panoro Minerals Ltd V.PML

Alternate Symbol(s): POROF

Metals & Mining Industrial Metals & Minerals

Panoro Minerals Ltd is a Canadian copper exploration company. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Peru. It is advancing its flagship Cotabambas Copper-Gold-Silver Project (the Cotabambas Project) located in the strategically important area of southern Peru. In addition to the Cotabambas Project, the Company retains a minority equity interest in the Antilla Copper Project plus a 2% net smelter return (NSR) royalty. The Company also owns a 2% NSR on the Kusiorcco Project operated by Hudbay Minerals as well as three early-stage exploration projects in Peru. Its Cotabambas project is a porphyry copper-gold-silver deposit, located 48 kilometers southwest of the city of Cusco, in the Apurimac region in Southern Peru. Its portfolio includes Humamantata Project and Kusiorcco Project. The Humamantata property is located in Southern Peru and covers an area of 3,600 hectares.

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Panoro Minerals Ltd

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Comment by ccrfmacon Feb 01, 2018 10:24am

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Post# 27478739

RE:RE:RE:Mines and Money 2017, London Panoro Interview

I hope they sell both projetcs this year. However I am not sure if for any potential buyer the PEA is good enough for buying either Cotabambas and/or Antilla. I know both PEAs are sound financially, but PEAs are not as precise as Prefactibility or a Factibility study. Management is very confident that this will not be an obkection for a major to acquire PML, but I am not sure. I hope management is right. Any comments?

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