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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Post by ccrfmacon Jan 15, 2024 11:19am

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Post# 35826962

Panoro Minerals Grows Resource, Adds High Grade, Reduces Was

https://money.tmx.com/en/quote/PML/news/6536030008486788

No good news, they have lowered tthe cutoff grade in order to show a signifcant increase in resources. At the the previous 0.20 cutoff grade the total million tonnes are 417.7 (Indicated ) + 362.9 (Inferred) = 780.6. As the CEO was announcing (in alll his previous online presentations) a much higher increase in resources, this may explain the no reaction in share price and volume for this announcement. It seem that we will have to wiat for teh PFS study on order to see an increase in share price.

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Advancing flagship Ishkõday Gold Project in Ontario