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Panoro Minerals Ltd V.PML

Alternate Symbol(s):  POROF

Panoro Minerals Ltd. is a Canada-based copper development company. The Company is focused on advancing its flagship Cotabambas Copper-Gold-Silver Project located in area of southern Peru. It is engaged principally in the acquisition, exploration, and development of mineral properties. The Cotabambas project is a porphyry copper-gold-silver deposit, located 48 kilometers (km) southwest of the city of Cusco, in the Apurimac region in Southern Peru. This project is comprised of two clusters of mineralized areas: Cluster 1 and Cluster 2. The Company’s projects also include Antilla project, Humamantata property, Cochasayhuas project, and Kusiorcco project. The Antilla project is a copper-molybdenum porphyry deposit, located 140 km southwest of the city of Cusco, in the Apurimac region in Southern Peru. The Humamantata property is located in Southern Peru and covers an area of approximately 3,600 hectares. The Cochasayhuas project comprises of approximately 1,800 hectares.


TSXV:PML - Post by User

Post by Betteryear2on Apr 04, 2022 9:49pm
254 Views
Post# 34575325

Panoro Minerals Announces Receipt of Early Deposit Payment

Panoro Minerals Announces Receipt of Early Deposit Payment VANCOUVER, BCApril 4, 2022 /CNW/ - Panoro Minerals Ltd. (TSXV: PML) (Lima: PML) (Frankfurt: PZM) (OTCQB: POROF) and its wholly-owned subsidiary, Panoro Trading (Cayman) Ltd. ("Panoro" or the "Company") are pleased to announce that they have received the fourteenth Early Deposit payment of US$750,000 as part of the Precious Metals Purchase Agreement (the "Cotabambas Early Deposit Agreement") with Wheaton Precious Metals International Ltd. ("WPMI"), a wholly owned subsidiary of Wheaton Precious Metals Corp. (TSX: WPM) (NYSE: WPM), in respect of the Cotabambas project located in Peru.
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