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Panoro Minerals Ltd POROF


Primary Symbol: V.PML

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.


TSXV:PML - Post by User

Post by sdhakaon Feb 21, 2024 3:53pm
251 Views
Post# 35891690

Panoro Minerals Ltd. upgrading and expanding!!!

Panoro Minerals Ltd. upgrading and expanding!!!
Exciting times ahead in the mining industry as copper and gold continue to attract attention! 
 
With Panoro Minerals Ltd. (TSXV: PML) upgrading and expanding their flagship Cotabambas project in Peru, there's a buzz of anticipation. The updated resource estimate reveals a substantial increase in copper, gold, silver, and molybdenum reserves, with a notable boost in indicated resources showcasing growing confidence.
 
Notably, the shift towards a lower waste-to-ore ratio signals potential for improved operational efficiency, potentially leading to lower operating expenses. Moreover, the incorporation of a high-grade starter pit strategy indicates a pragmatic approach towards maximizing early-stage production while managing capital expenditure effectively.
 
With the project's continued exploration potential in multiple directions and at depth, Panoro Minerals is looking forward to great developments. 
 
 
*FRC provides issuer paid coverage.
*Past performance is not indicative of future results
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