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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 sdhakaon Feb 21, 2024 3:53pm
113 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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