New Risk • Dec 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$9.95m market cap, or US$6.60m). New Risk • Nov 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$10.4m market cap, or US$6.77m). Announcement • Oct 03
Pantera Lithium Limited, Annual General Meeting, Nov 21, 2025 Pantera Lithium Limited, Annual General Meeting, Nov 21, 2025. Announcement • Jul 09
Energy Exploration Technologies, Inc. agreed to acquire Daytona Lithium Pty Ltd from Pantera Lithium Limited (ASX:PFE) for AUD 40 million. Energy Exploration Technologies, Inc. agreed to acquire Daytona Lithium Pty Ltd from Pantera Lithium Limited (ASX:PFE) for AUD 40 million on July 4, 2025. The consideration consists of 2.34 million common equity of Energy Exploration Technologies, Inc. having a value of AUD 34 million to and AUD 6 million in cash. Pantera will retain the EnergyX shares and may distribute them to shareholders prior to an EnergyX IPO once confirmed, or subject to mutual agreement by both Parties. A 2.5% break fee applies should Pantera accept a superior proposal.
The transaction is subject to Financial, legal, and technical due diligence; Pantera shareholder approval; third-party consents; binding service commitments from key Pantera personnel and is expected complete in early October 2025. New Risk • Jul 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 34% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.4m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 58% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$11.4m market cap, or US$7.42m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Apr 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.4m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 58% per year over the past 5 years. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.53m market cap, or US$5.27m). New Risk • Mar 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.4m free cash flow). Earnings have declined by 58% per year over the past 5 years. Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.53m market cap, or US$5.36m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Sep 30
Pantera Minerals Limited, Annual General Meeting, Nov 18, 2024 Pantera Minerals Limited, Annual General Meeting, Nov 18, 2024. New Risk • Sep 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (287% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$11.4m market cap, or US$7.62m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Recent Insider Transactions • Jun 21
Independent Non-Executive Director recently bought AU$150k worth of stock On the 19th of June, Timothy Goldsmith bought around 4m shares on-market at roughly AU$0.035 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. New Risk • Jun 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (367% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$11.0m market cap, or US$7.34m). New Risk • Apr 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (357% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.6m market cap, or US$8.98m). Announcement • Apr 02
Pantera Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.44551 million. Pantera Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.44551 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 90,733,152
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,710,000
Price\Range: AUD 0.035
Discount Per Security: AUD 0.0021
Transaction Features: Subsequent Direct Listing Announcement • Feb 29
Pantera Minerals Limited (ASX:PFE) completed the acquisition of Daytona Lithium Pty Ltd. Pantera Minerals Limited (ASX:PFE) agreed to acquire Daytona Lithium Pty Ltd for AUD 6.8 million on December 11, 2023. Consideration consists of issue 106.4 million shares shares to be issued to the Daytona Lithium shareholders upon settlement and 22.4 million shares to be issued to the Daytona Lithium shareholders upon the satisfaction of the following milestones - Tranche 1: 6.5 million shares (at a deemed issue price of AUD 0.06 per Share) upon the Superbird Lithium Project consisting of leased acreage totaling more than 20,000 (net) leased brine acres, on or before the date that is 12 months from the settlement date, Tranche 2: 6.5 million shares (at a deemed issue price of AUD 0.06 per Share) upon the Superbird Lithium Project achieving a JORC compliant Mineral Resource (inferred) of a minimum of 1 million tonnes of lithium carbonate equivalent (“LCE”), on or before the date that is 12 months from the settlement date and Tranche 3: 9.3 shares (at a deemed issue price of AUD 0.06 per Share) upon the Superbird Lithium Project achieving a JORC compliant Mineral Resource (inferred) of a minimum of 5Mt of lithium LCE, on or before the date that is 24 months from the settlement date. The acquisition will be supported by a two tranche placement of 40 million shares at AUD 0.05 per share to raise AUD 2 million. Pantera also has the right to acquire up to a 35% interest in the issued share capital of the seller pursuant to a AUD 2 million Convertible Note Facility, however it has not converted any of the convertible notes into shares in Daytona Lithium at this time. Transaction is conditional upon Pantera and Daytona Lithium shareholder approval. As of January 10, 2024, the deal has been approved by the shareholders of Daytona. The transaction is expected to close in first quarter of 2024.
Pantera Minerals Limited (ASX:PFE) completed the acquisition of Daytona Lithium Pty Ltd on February 29, 2024. New Risk • Feb 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.1m free cash flow). Revenue has declined by 2.4% over the past year. Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m (AU$136k revenue, or US$89k). Market cap is less than US$10m (AU$6.37m market cap, or US$4.17m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$8.22m market cap, or US$5.37m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Dec 11
Pantera Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Pantera Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,000,000
Price\Range: AUD 0.05
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 16,000,000
Price\Range: AUD 0.05
Transaction Features: Subsequent Direct Listing New Risk • Oct 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$6.10m market cap, or US$3.87m). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Announcement • Oct 12
Pantera Minerals Limited, Annual General Meeting, Nov 30, 2023 Pantera Minerals Limited, Annual General Meeting, Nov 30, 2023. New Risk • Sep 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$139k revenue, or US$90k). Market cap is less than US$10m (AU$5.10m market cap, or US$3.27m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$139k revenue, or US$89k). Market cap is less than US$10m (AU$6.57m market cap, or US$4.19m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (25% increase in shares outstanding). New Risk • Sep 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$139k revenue, or US$90k). Market cap is less than US$10m (AU$6.76m market cap, or US$4.36m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Announcement • Aug 24
Pantera Minerals Limited announced that it expects to receive AUD 2 million in funding Pantera Minerals Limited announced a private placement of convertible note facility with Daytona Lithium Pty Ltd. for the gross proceeds of AUD 2 million on August 24, 2023. The note will be convertible into fully paid ordinary shares in Daytona at a conversion price of AUD 11,000 per share. Upon conversion of all the convertible notes, the company will hold approximately 35% of the issued share capital in Daytona, placing the current valuation of Daytona at AUD 3.69 million. Announcement • Jan 31
Pantera Minerals Limited Announces That the Company Has Received Manganese Rock Chip Results from Newly Granted Tenement E 52/4071 Pantera Minerals Limited announced that the Company has received manganese rock chip results from newly granted tenement E 52/4071, with Pantera identifying a large coherent manganese target within the tenement at Weelarrana, located 70km south of Newman in West Australia's Pilbara region. 31 rock chip samples taken in mid-December 2022 have been returned 23 out of 31 of the rock chip samples returned manganese grades >10% Mn with an average returned manganese grade of 25.1% Mn. and the 23 samples >10% Mn and shows all the rock chip assay results and location Manganese grades ranged from 11.3% Mn to 39.8% Mn and cover an area of 5km x 3km of outcropping to subcropping Balfour Formation The Balfour Formation hosts the Firebirds Metals Hill 616 manganese deposit (57.5 Mt @ 12.2% Mn) which is 5.5 km to the north-west of E 52/4071. The Balfour Formation is a manganiferous shale formation. It shows examples of the outcropping manganese mineralisation encountered within the Balfour Formation in E 52/4071. Further rock chip sampling and mapping to define the extents of outcropping mineralisation First pass RC drill program to be planned Cultural and heritage survey to be arranged to allow for first pass RC drilling RC drilling planned for the second half of 2023. Located within the Proterozoic Collier Basin some 80 km south of Newman, Western Australia, the Weelarrana Project covers 958 km2 of tenure considered prospective for manganese and precious metal mineralisation. All tenements cover either Ilgarari Formation manganiferous shales, Backdoor Formation or Balfour Formation manganiferous shales which are known to host economic manganese mineralisation at Element 25's Butcherbird Deposit and Firebird Metals Hill 616 Deposit. Despite the presence of two significant manganese deposits the area covered by Pantera tenements has been under explored for manganese. Pantera aims to systematically explore for manganese within the two known stratigraphic hosts as well as assess and explore the tenure for structural hosted precious metal mineralisation. Announcement • Jan 23
Pantera Minerals Limited Announces the Receipt of Assays from All 30 Reverse Circulation At the Weelarrana Project Pantera Minerals Limited announce the receipt of assays from all 30 Reverse Circulation ("RC") drill holes completed in November 2022 at the Weelarrana Project ("Weelarrana" or "Project"), located in the Collier Basin of Western Australia. Manganese mineralisation was intercepted on four of the five drill lines over a strike length of 600m and is open to the north and east. The best intercepts are 5m at 12.3% Mn from surface in drill hole WRC001, 3m at 19.7% Mn from 3m in drill hole WRC013 and 2m at 17.1% Mn from 3m in drill hole WRC019. The manganese mineralisation (>6% Mn) is all associated with the zones logged as massive manganese1 with the manganiferous shale returning manganese grades in the range of 2 to 5% Mn. The most consistent manganese mineralisation is developed between drill holes WRC019 to WRC024 with a consistent 1 to 3m horizon of massive manganese returning grades between 6.7% Mn to 17.1% Mn over 250m with a 1m interval in drill hole WRC019 returning a maximum gradeof 24.1% Mn. The manganese mineralisation on this drill line and the adjacent drill line to the east (WRC013 to WRC018) are still open to the north. Significantly, the manganese mineralisation is close to surface and flat lying. The most western drill line (WRC025 to WRC030) appears to close off manganese mineralisation to the west with the logged manganiferous shale becoming more iron dominant with only very minor amounts of manganese present. A soil sampling program was conducted over tenements E52/3891 and E52/4046 targeting fault hosted gold and base metal mineralisation in late December 2022, sampling results expected in late Quarter 2 2023. A total of 136 soil samples and 9 rock chip samples were taken from E52/3891 covered the interpreted position of the Ilgarari Fault to test the area for potential gold and base metal mineralisation. A total of 160 soil samples were taken from E52/4046 over an area of subcropping mafic to ultramafic rock to test the area for potential gold and base metal mineralisation. A total of 35 rock chip samples were taken on tenement E52/4071 from areas of subcropping to outcropping manganiferous shale that correlates with the Balfour Formation which is a known host for manganese mineralisation within the area. Two areas were identified with numerous outcrops ofmanganiferous shale with each area measuring approximately 2500m x 1000m. Announcement • Dec 06
Pantera Minerals Limited Announces Weelarrana Tenements Granted-Field Work to Commence Immediately Pantera Minerals Limited announced that the Company had three tenements granted at the Weelarrana Project ("Weelarrana" or "Project"), located in the Collier Basin of Western Australia. Recently Granted Tenements: Three tenement applications, E 52/4046 E 52/4071 and E 52/4072, have recently been granted covering a total of 357 km2 and consolidating Pantera's position in the Project area over prospective manganese host geology. E 52/4046: Tenement E 52/4046 covers 203 km2 and is prospective for an extension of manganese mineralisation along the contact between the Calyie Sandstone and Ilgarari Siltstone between Pantera's Mn Area 1 and the OM Holdings Limited 701 Mile Manganese project2. The northern section of E 52/4046 is also prospective for manganese as the Ilgarari Siltstone has been identified and mapped by the GSWA. The tenement is easily accessible year round with numerous roads and pastoral tracks. E 52/4071: Tenement E 52/4071 covers 138 km2, located 52 km east of the Weelarrana Project and is prospective for manganese mineralisation within the Balflour Formation, the host for Firebird Metals Limited's Hill 616 Project, which has an Inferred Mineral Resource of 57.5 mt @ 12.2% Mn3. The tenement covers known outcrops of Balfour Formation that has been subject to minimal exploration for manganese and is directly adjacent to known manganese occurrences at Pantera's Mn 4 and Element 25 Limited's Zebra Bore and Dead Camel projects. The tenement is easily accessed year round with numerous roads and pastoral tracks. E 52/4072: Tenement E 52/4072 covers 16 km2, located 53 km east of the Weelarrana Project and is 4.5 km along strike from Firebird Metals' Hill 616 Project within the same stratigraphy. The tenement covers known outcrops of Balfour Formation and is also adjacent to Element 25's Burranbar manganese projects. The tenement is easily accessible year round with numerous roads and pastoral tracks. Immediate Work Program: The immediate work program will concentrate on mapping and rock chip sampling prospective stratigraphy for manganese on tenements E 52/4046, E 52/4071 and E 52/4072. A multi-element soil sampling program aimed at testing areas under cover surrounding the recently announced anomalous gold-silver rock chip results on E 52/39814 will also be conducted. The soil program aims to expand the potential area for gold-silver mineralisation and is focussed on the Ilgarari Fault. A multi-element soil sampling program aimed at testing areas under cover for gold and base metals on the northern portion of E 52/4046 will also be conducted. WELLARANA PROJECT BACKGROUND: Located within the Proterozoic Collier Basin some 80 km south of Newman, Western Australia, the Weelarrana Project covers 958 km2 of tenure considered prospective for manganese and precious metal mineralisation. All tenements cover either Ilgarari Formation manganiferous shales or Backdoor Formation manganiferous shales which are known to host economic manganese mineralisation at Element 25's Butcherbird Deposit and Firebird Metals Hill 616 Deposit. Despite the presence of two significant manganese deposits the area covered by Pantera tenements has been under explored for manganese. Pantera aims to systematically explore for manganese within the two known stratigraphic hosts as well as assess and explore the tenure for structural hosted precious metal mineralisation. Announcement • Nov 18
Pantera Minerals Limited Announces Hellcat and Frederick Exploration Update Pantera Minerals Limited provided an update on exploration for its Projects located in the Edmund Basin of Western Australia; the 80% owned Hellcat Project and 100% owned Frederick Project. A reconnaissance survey of geochemical sampling was recently conducted in previously unexplored areas of the Hellcat Project, focussing on interpreted regional structures. A total of 77 rock samples were collected with anomalous values. Multiple samples from E52/3944 returned anomalous results of up to 1.9% lead and 0.3% zinc, from an area of structural complexity, where a regional anticline has been offset by a northeast trending transfer fault. Historically noted silver and zinc anomalism within E52/4026 has been confirmed, with nearby rocks samples returning values of up to 95g/t silver and 0.5% zinc. The four-hole diamond drilling program was the first drilling undertaken at the Teano and Yarvi prospects. A total of 1,832.7m was drilled, with selected samples sent for analysis based on visual observations. All assays from the diamond drilling have now been received and validated. Low level lead anomalism was returned in three of the four holes. All anomalous results were related to the thin metalliferous veins, containing pyrrhotite, pyrite, galenaand chalcopyrite. The alteration observed in all four drillholes has confirmed the project is within a broader mineralised system. This drilling has provided valuable insight into the geology and mineralisation at the Teano and Yarvi prospects. Multiple sulphides were observed in all holes (pyrrhotite, pyrite, galena and chalcopyrite) in steeply dipping veins and fracture sets. Galena occurs as <1% to 5% blebs, within the steep veins, while chalcopyrite was observed as 0.1% to 0.5% fine grained disseminations and some minor blebs within or proximal to the veins. Although no significant base metal mineralised zones were intersected, there is evidence to suggest hydrothermal activity carrying metalliferous fluids occurred at all target areas. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director John Hebenton was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 14
Pantera Minerals Limited Announces Completion of Phase 1 Reverse Circulation Drilling at the Weelarrana Project Pantera Minerals Limited announced the completion of phase 1 Reverse Circulation ("RC") drilling at the Weelarrana Project ("Weelarrana" or "Project"), located in the Collier Basin of Western Australia, with a total of 30 RC holes were drilled for 965 metres. A total of 299 samples have been sent for laboratory analysis, with assay results expected during December 2022. Geological logging has identified a laterally continuous, gently north dipping, near surface manganiferous shale unit with zones of semi-massive to massive manganese developed within the shale unit. The manganiferous shale unit varies from 3 to 12m in thickness with zones of semi-massive to massive manganese varying from 1m to 7m in thickness developed preferentially at the base of manganiferous shale. In all drill holes the manganiferous shale unit is overlying a dolerite sill. The high-grade manganese rock chip samples reported in previous ASX announcements3 can be directly correlated with the semi-massive to massive manganese zone. The manganiferous shale unit is still open to the north, east and west. Once assay results are received these will be reviewed and infill drilling of Mn Area 1 planned and permitted. A review of geophysical targeting methods will also be undertaken to aid in the identification of extensions of the manganiferous shale unit under cover to the north, east and west as well as determining if there is a geophysical method that can identify the semi-massive to massive manganese zones. Drilling permitting and drilling of Mn Areas 2 to 4. Field work will recommence in early 2023. Located within the Proterozoic Collier Basin some 80 km south of Newman, Western Australia, the Weelarrana Project covers 958 km2 of tenure considered prospective for manganese and precious metal mineralisation. All tenements cover either Ilgarari Formation manganiferous shales or Backdoor Formation manganiferous shales which are known to host economic manganese mineralisation at Element 25's Butcherbird Deposit and Firebird Metals Hill 616 Deposit. Despite the presence of two significant manganese deposits along strike and within the same stratigraphy, the area covered by Pantera tenements has been under explored for manganese. Pantera aims to systematically explore for manganese within the known stratigraphic hosts as well as assess and explore the tenure for structural hosted precious metal mineralisation. Announcement • Nov 05
Pantera Minerals Limited Announces the Commencement of Drilling at the Weelarrana Manganese Project Pantera Minerals Limited announced the commencement of drilling at the Weelarrana Manganese Project (Weelarrana or the Project), located in the Collier Basin of Western Australia. The 1,200m RC drilling program consists of 30 planned holes testing an 800m long up to 5m thick outcropping high grade manganese occurrence with surface grades of between 12% Mn to 44% Mn at Mn Area 1. Pending the outcome of this initial drill program, infill drilling at Mn Area 1 as well as first pass drill programs will be conducted at Mn Areas 2 to 4 early in 2023. Located within the Proterozoic Collier Basin some 80 km south of Newman, Western Australia, the Weelarrana Project covers 958 km2 of tenure considered prospective for manganese and precious metal mineralisation. All tenements cover either Ilgarari Formation manganiferous shales or Backdoor Formation manganiferous shales which are known to host economic manganese mineralisation at Element 25's Butcherbird Deposit and Firebird Metals Hill 616 Deposit. Despite the presence of two significant manganese deposits along strike and within the same stratigraphy, the area covered by Pantera tenements has been under explored for manganese. Pantera aims to systematically explore for manganese within the known stratigraphic hosts as well as assess and explore the tenure for structural hosted precious metal mineralisation. Announcement • Oct 11
Pantera Minerals Limited, Annual General Meeting, Nov 29, 2022 Pantera Minerals Limited, Annual General Meeting, Nov 29, 2022. Announcement • Oct 10
Pantera Minerals Limited Announces Weelarrana Manganese Project Update Drilling to Commence Mineralisation Extended Pantera Minerals Limited announce that the Company has received Cultural & Heritage approval, allowing for the commencement of drilling, with Pantera identifying multiple high grade manganese targets at Weelarrana, located 70km south of Newman in West Australia's Pilbara region. Weelarrana Manganese Project E 52/3878; Rock Chip Results: A further 12 rock chip samples were taken from Mn Area 2, 3 and the newly identified Mn Area 4. Mn Area 2 had a further three rock chip samples taken with one sample returning 11.5% Mn. Mn Area 3 had a further six rock chip samples taken with five samples ranging from 13.0% Mn to 43.6% Mn. Outcropping manganese mineralisation was further identified 600m to the east of the previously identified mineralisation. Mn Area 4 had three rock chip samples taken with two samples ranging from 12.5% Mn to 38.2% Mn. Figure 2 shows the subcropping manganese mineralisation identified at Mn Area 4 with manganese mineralisation observed over a strike of 280m. All rock chip samples taken for manganese are taken from outcropping Ilgarari Formation, which is the host for manganese mineralisation at the Element 25 Ltd. Butcherbird deposit. Since tenement grant of E 52/3878 in late 2021 Pantera has identified four prospective areas for manganese mineralisation with a total of 34 rock chip samples taken to delineate the outcropping manganese. Mn Area 1 has been mapped as a continuous outcrop of bedded manganese mineralisation over a strike length of 800m with a variable thickness of between 2 and 5m with rock chip Mn grades from 11.9% Mn to 43.6% Mn. Mn Area 2 has been mapped as a semi continuous outcrop of bedded manganese mineralisation over a surface area of 600m by 60m with rock chip Mn grades from 11.5% Mn to 30.8% Mn. Mn Area 3 has been mapped as sporadic outcrops of massive manganese mineralisation over a surface area of 1200m by 450m with rock chip Mn grades from13.0% Mn to 43.6% Mn. Mn Area 4 has been mapped as sporadic outcrops of massive manganese mineralisation over a surface area of 280m by 70m with rock chip Mn grades from 12.5% Mn to 35.2% Mn. Heritage Survey and Heritage Agreements; The Cultural & Heritage survey of the proposed drill program areas at Mn Areas 1 to 4 as well as an access track connecting all four areas was completed in early September. Heritage clearance of the proposed exploration works has now been granted with some conditions which Pantera will abide by. A single heritage agreement for Pantera tenement applications E 52/4046, 4071 and 4072 has now been executed and Pantera anticipates the grant of these tenements early in 2023. Pantera greatly appreciates the continued positive collaboration with the Karlka Nyiyaparli Aboriginal Corporation and the local traditional owners of the Weelarrana area. Drill Program Mn Area 1; A 1200m RC drill program has PoW approval to test the outcropping manganese mineralisation at Mn Area 1, with drilling to be conducted on 50m centres along five 200m long drill lines. Drilling is expected to occur imminently now that Cultural & Heritage clearance for the exploration works has been received. Assay results from the drill program are expected in December. Announcement • Sep 07
Pantera Minerals Limited Completes Drilling At the Hellcat Project Pantera Minerals Limited announced the completion of drilling at the Hellcat Project ("Hellcat" or "Project"), located in the Edmund Basin of Western Australia. A total of four diamond holes were drilled for 1832.7 metres. Four targets were tested with a single hole in target area. Zones of hydrothermal alteration and veining have been identified in every hole. Samples have been sent for laboratory analysis, with assay results expected within eight weeks. Geological logging has identified hydrothermal alteration, confirming the Teano and Yarvi prospects are within a mineralised system. This drilling has provided valuable insight into the geology and mineralisation at the Teano and Yarvi prospects. Multiple sulphides were observed in all holes (pyrrhotite, pyrite, galena and chalcopyrite) in steeply dipping veins and fracture sets. Hydrothermal alteration, including silica, chlorite and magnetite, have provided further confidence of intense fluid flow throughout the prospects. Although no significant base metal mineralised zones were intersected, there is evidence to suggest hydrothermal activity carrying metalliferous fluids occurred at all target areas. Next steps: All four drillholes are currently undergoing downhole electromagnetic survey, to test for on and off hole conductors. This information will be combined with assays, geology and structural interpretations, which will assist ongoing drill targeting. A large-scale field reconnaissance program of mapping and geochemical sampling is currently being planned over the entire Hellcat Project area, utilising the recently acquired magnetic and radiometric data. This survey will aid with further drill targeting. There has been submitting tenement applications for land directly surrounding Hellcat and adjoining Galena Mining's tenements that hold the globally significant Abra Deposit. The Bellavista Resource's tenure to the north includes the Vernon and Brumby base metal projects. This recent activity in the area reinforces Pantera's view that the Hellcat Project presents a significant opportunity for the Company. Located within the Gascoyne Region of Western Australia, the Hellcat Project covers 442km2 of tenure considered prospective for base and precious metal mineralisation. Hellcat is in a similar geological setting as the globally significant Abra lead-silver deposit (ASX:G1A), which is located 100 kms east of Teano. The Teano gravity and EM anomaly identified within the Hellcat Project is analogous to the anomalous geophysical response observed at the Abra Deposit, indicating the presence of dense minerals at depth. The observed fresh galena within quartz veins and altered carbonate host rocks further increase the prospectivity of the Teano project. Pantera Minerals acquired 80% interest of the Hellcat Project in December 2021. Announcement • Aug 01
Pantera Minerals Limited Identifies Multiple High Grade Manganese Targets at Weelarrana, Located 70Km South of Newman in West Australia's Pilbara Region Pantera Minerals Limited announced that the company has identified multiple high grade manganese targets at Weelarrana, located 70km south of Newman in West Australia's Pilbara region. The 22 rock chip samples analysed by pXRF that were previously reported were check assayed by a commercial laboratory and returned equivalent or improved manganese grades. The Cultural & Heritage survey originally scheduled for late May 2022 was significantly affected by unprecedented rainfall in the area at the time and needed to be rescheduled. The Cultural & Heritage survey is now scheduled for late August 2022, the delay has allowed for a wider area to be surveyed following the identification of additional target areas, with Mn Areas 1 to 3 to be surveyed. PFE is thankful for the assistance provided by the Traditional Owners to provide the earliest available date for the re-scheduling of the Cultural & Heritage survey. Upon completion of the Cultural & Heritage Survey it is proposed that RC drilling of Mn Area 1 will commence in early October 2022 with a 1500m program planned. Tenement E 52/3981 has recently been granted and covers 30 km2. Most of the tenement sits over the Backdoor Formation which is a known host for manganese mineralisation within the area. Tenement E 52/3981 is easily accessed from the Jigalong Mission Road and first pass exploration consisting of mapping, rock chip and auger drilling sampling is expected to commence shortly. The tenement area has not previously been explored for manganese. Announcement • Jul 05
Pantera Minerals Limited Announces the Commencement of Drilling at the Hellcat Project Pantera Minerals Limited announced the commencement of drilling at the Hellcat Project, located in the Edmund Basin of Western Australia. The 1,700 meter DD program consist of four drill-holes, and is designed to test high priority gravity targets and modelled EM conductors. Cultural clearance and ground disturbing approval has been provided for four 300m x 300m drilling areas, allowing for additional drilling withing those four areas pending results. The Teano gravity and EM anomaly identified within the Hellcat Project is analogous to the anomalous geophysical response observed at the Abra Deposit, indicating the presence of dense minerals at increase the prospectivity of the Teano project. Announcement • Jun 15
Pantera Minerals Limited Provides Hellcat Exploration Update Pantera Minerals Limited announced that an 1,800 meter DD program will commence in early July at the Hellcat Project located in the Edmund Basin of Western Australia, following the cultural clearance and the completion of earthworks. The cultural clearance was granted by the Njarmuwangga Wajarri and Ngaelawangga Native Title Holders of the drill locations and access corridors, with the Company thanking both parties for their assistance. The DD program will consist of four drill-holes, and is designed to test high priority gravity targets and modelled Electromagnetic conductors. Cultural clearance was granted for four 300m x 300m drilling areas, allowing for additional drilling within those four cleared areas pending results. HELLCAT PROJECT BACKGROUND: Located within the Gascoyne Region of Western Australia, the Hellcat Project covers 442km2 of tenure considered prospective for base and precious metal mineralisation. Hellcat represents a greenfields project with advanced, drill-ready geophysical targets, exhibiting gravity and EM signatures similar tothe globally significant Abra lead-silver deposit, which is located 100 kms east of Teano. The Teano gravity and EM anomaly identified within the Hellcat Project is analogous to the anomalous geophysical response observed at the Abra Deposit, indicating the presence of dense minerals at depth. The observed fresh galena within quartz veins and altered carbonate host rocks further increase the prospectivity of the Teano project. Announcement • Apr 28
Pantera Minerals Limited Provides an Update on its 80% Owned Hellcat Project, Located in the Edmund Basin of Western Australia Pantera Minerals Limited provided an update on its 80% owned Hellcat Project, located in the Edmund Basin of Western Australia. Acquired in late-December 20211, the Hellcat Project covers 442km2 of tenure considered prospective for base and precious metal mineralization. Hellcat represents a greenfields project with advanced, drill-ready geophysical targets, exhibiting Electromagnetic ("EM") signatures similar to the Galena Mining's globally significant Abra Pb-Ag Deposit (Indicated/Inferred 34.5Mt @ 7.2% Pb and 16g/t Ag2), located 75km east of the Hellcat Project. The Western Australian Department of Mines, Industry, Regulation ("DMIRS") has approved the Programme of Works ("PoW"), allowing for the undertaking of up to 18 diamond drill holes, the Hellcat Project initial drill program will consist of four (4) diamond drillholes, subject to the completion of Heritage & Cultural clearances. The PoW has provided approval for a total of 18 drill holes, if needed. The Company is working with the Traditional Owners, the Jidi Jidi Aboriginal Corporation to complete its Heritage & Cultural clearances. PFE thanks the Board of the Jidi Jidi Aboriginal Corporation for their constructive work and feedback on the Hellcat Project and looks forward to their continued input on exploration programs. The Heritage & Cultural clearance surveys are expected to be completed late-May 2022, allowing the commencement of earthworks and pad clearing. The Company has secured a diamond drill rig to complete the initial four (4) hole program, 1,800 meters that is scheduled to commence early July 2022. A high resolution airborne magnetic and radiometric survey has been completed over tenements E 52/3896, E 52/3944 & E 52/4026 and the Company expects the data to be provided in four (4) weeks. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director John Hebenton was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 06
Pantera Minerals Limited Announces the Results of the Versatile Time Domain Electromagnetic Helicopter EM Survey over High Priority Geological and Geophysical Targets At Hellcat Project Pantera Minerals Limited announced the results of the Versatile Time Domain Electromagnetic (VTEM) helicopter EM survey over high priority geological and geophysical targets, at its 80% owned Hellcat Project, located in the Edmund Basin of Western Australia. VTEM surveying over Hellcat in February 2022 detected multiple EM conductor responses that may be associated with semi-massive to massive sulphide mineralisation or other conductive geological sources, with the higher priority targets now requiring drill testing. The VTEM survey was carried out using flight lines spaced 100m or 200m apart and a combined total of 123 survey line kilometres were acquired over the Teano and Yarvi prospects. VTEM Conductor Targets: Interpretation of the VTEM survey data has identified a significant number of EM conductor targets. Conductor plate modelling has been carried out on the higher priority EM conductor targets and drillholes have been planned to drill test these targets. The most significant of the EM conductor targets identified coincides with the Teano gravity anomaly, and the conductive source was modelled to sit about 375m below surface. The EIS1 funded drillhole planned to test the gravity target will also test the EM conductor response. Galena Mining's globally significant Abra Pb-Ag Deposit (100km east of Teano) is associated with a broad, asymmetric single peak EM anomaly that was resolved by the VTEM system. The source of the EM conductor response at Abra is caused by zones of weakly conductive massive galena (±pyrite and chalcopyrite) mineralisation within parts of the ore body. The Abra Deposit is also associated with a discrete gravity and magnetic anomaly. Field Reconnaissance: Field reconnaissance to follow up some preliminary VTEM conductor target areas has identified new zones of quartz veining with fresh galena mineralisation at both the Teano and Yarvi prospect areas. Access routes to the four planned diamond drillholes have been marked out, in anticipation of the upcoming Heritage Survey. At Teano, the main `Teano Vein' has been extended a further 850m towards the gravity anomaly, increasing the total mineralised strike length to 3500m. Significantly, fresh galena veinlets were observed within a rock sample of highly silicified unit that surrounds the quartz vein, which had not been observed by previous explorers. At Yarvi, the `Postcutters Trend' of highly silicified alteration of the carbonate host with quartz-galena veining was identified for the first time. The identification of this anomalous zone along with a coincident EM conductor and gravity response has increased the prospectivity of the Yarvi target. Hellcat Project Background: Located within the Gascoyne Region of Western Australia, the Hellcat Project covers 442km2 of tenure considered prospective for base and precious metal mineralisation. Hellcat represents a greenfields project with advanced, drill-ready geophysical targets, exhibiting gravity and EM signatures similar to the Abra lead-silver deposit, which is located 100 kms east of Teano. The Teano gravity and EM anomaly identified within the Hellcat Project is analogous to the anomalous geophysical response observed at the Abra Deposit, indicating the presence of dense minerals at depth. The observed fresh galena within quartz veins and altered carbonate host rocks further increase the prospectivity of the Teano project. Pantera Minerals acquired 80% interest of the Hellcat Project in December 2021. Hellcat Project Next Steps: The following exploration activities are to be undertaken over the coming six months: Heritage survey to clear drill sites and access routes; Drilling of 4 diamond drillholes under EIS funding approved for Hellcat (Q2 2022); and High resolution airborne magnetic and radiometric surveying in E52/3896, E52/3944 and E52/4026 (Q2 2022). Announcement • Apr 04
Pantera Minerals Limited Announces Resignation of Kelly Moore as Joint Company Secretary Pantera Minerals Limited announced the resignation of Ms. Kelly Moore as joint company secretary effective 1 April 2022. Announcement • Mar 04
Pantera Minerals Limited Appoints Ben Donovan as Joint Company Secretary Pantera Minerals Limited announced the appointment of Mr. Ben Donovan as Joint Company Secretary to assist Ms. Kelly Ann Moore on an interim basis. Mr. Donovan is a member of the Governance Institute of Australia and provides corporate advisory, IPO and consultancy services. Mr. Donovan is currently the company secretary of several ASX listed and public unlisted companies with experience across the resources, agritech, biotech, media and technology industries. He has extensive experience in listing rules compliance and corporate governance, having served as a Senior Adviser at the ASX in Perth for almost three years, where he managed the listing process of close to 100 companies to the ASX. Announcement • Feb 22
Pantera Minerals Limited (ASX:PFE) completed the acquisition of 80% stake in Project Hellcat from Bangemall Metals Pty Ltd. Pantera Minerals Limited (ASX:PFE) entered into a binding Heads of Agreement to acquire 80% stake in Project Hellcat from Bangemall Metals Pty Ltd. for AUD 0 million on December 21, 2021. Pantera Minerals will pay AUD 0.2 million in cash and will issue 1 million fully paid ordinary shares upon completion, will issue further 1 million shares following receipt of all required approvals allowing for the commencement of the exploration drilling program, 2 million shares following the release of an ASX announcement by Pantera Minerals of a JORC compliant resource in the inferred category of at least 250,000 tonnes contained base metals and 2 million shares following the announcement of a decision to mine by Pantera Minerals within the Tenements. Bangemall Metals retaining 20% of the project whereas Pantera Minerals will hold 80% following completion. The transaction will be funded by AUD 1.5 million private placement. Completion of the transaction is conditional on shareholder approval and receipt of government approvals and expected to complete in the first quarter of 2022.
Pantera Minerals Limited (ASX:PFE) completed the acquisition of 80% stake in Project Hellcat from Bangemall Metals Pty Ltd. on February 21, 2022. Announcement • Feb 21
Pantera Minerals Limited Announces Completion of AIRBORNE EM survey at Hellcat Project Pantera Minerals Limited announced the completion of a Versatile Time Domain Electromagnetic helicopter EM survey over high priority geological and geophysical targets, at its 80% owned Hellcat Project, located in the Edmund Basin of Western Australia. The high powered VTEM system developed by Geotech, was completed by UTS Geophysics, using an EM transmitter loop slung below the helicopter with a clearance of 40m above ground. Data was collected along flight lines that were spaced 100m or 200m apart. A combined total of 123 survey line kilometres were acquired over the Teano and Navi prospects. The aim of the VTEM survey was to detect EM conductor responses that could be associated with semi-massive to massive base metal sulphide mineralisation for drill targeting. Preliminary VTEM survey data has been delivered to the Company, with data processing and interpretation underway. The Galena Mining Abra Pb-Ag Deposit is associated with a broad, asymmetric single peak EM anomaly that was resolved by the VTEM system. The source of the EM conductor response at Abra are caused by zones of weakly conductive massive galena mineralisation within parts of the ore body. The Abra Deposit is also associated with a discrete gravity and magnetic anomaly. The Teano gravity anomaly identified in the Hellcat Project is analogous to the anomalous gravity response observed at the Abra Deposit, indicating the presence of dense minerals at depth. The Company announced the granting of Exploration Licence E52/4026. The grant of this tenement increases the total landholding for the Hellcat Project to 442km. Exploration activities are to be undertaken over the coming six months includes Process, model, interpret and target using the new VTEM survey data, Heritage consultation and surveying to access targets for drill testing, Drilling of 3 diamond drillholes under EIS funding approved for Hellcat and High resolution airborne magnetic and radiometric surveying in E52/3896, E52/3944 and E52/4026. Announcement • Dec 24
Pantera Minerals Limited (ASX:PFE) entered into a binding Heads of Agreement to acquire 80% stake in Project Hellcat from Bangemall Metals Pty Ltd. for AUD 0 million. Pantera Minerals Limited (ASX:PFE) entered into a binding Heads of Agreement to acquire 80% stake in Project Hellcat from Bangemall Metals Pty Ltd. for AUD 0 million on December 21, 2021. Pantera Minerals will pay AUD 0.2 million in cash and will issue 1 million fully paid ordinary shares upon completion, will issue further 1 million shares following receipt of all required approvals allowing for the commencement of the exploration drilling program, 2 million shares following the release of an ASX announcement by Pantera Minerals of a JORC compliant resource in the inferred category of at least 250,000 tonnes contained base metals and 2 million shares following the announcement of a decision to mine by Pantera Minerals within the Tenements. Bangemall Metals retaining 20% of the project whereas Pantera Minerals will hold 80% following completion. The transaction will be funded by AUD 1.5 million private placement. Completion of the transaction is conditional on shareholder approval and receipt of government approvals and expected to complete in the first quarter of 2022. Announcement • Sep 03
Pantera Minerals Limited Announces Update on the Yampi Iron Project Drilling Program Pantera Minerals Limited announced that final preparations are underway for the Yampi Iron Project drill program in the Kimberley region of Western Australia. Pantera anticipates that the drill program will be able to commence towards the end of September 2021. Due to the need to complete the drill program with a heli-portable diamond drill rig, Pantera has contracted experienced and reputable drill contractor Harmec Drilling to spec build a diamond drill rig for the drill program and future drill programs in the area. The rig build is now complete, and the drill rig will be commissioned in the next two weeks prior to be mobilised to Derby. The drill rig and all drilling equipment will be mobilised via road to a staging area approximately 30 km from the Yampi Iron Project where it will be heli-lifted to site. All drill and field crew will be accommodated in Derby for the duration of the drill program and commute to Yampi daily. Drill core will be transported back to Derby on a daily basis for geological logging and pXRF analysis before being transported to Perth for further analysis and assay and metallurgical testing. Pantera is in the final stages of obtaining all permits required to commence the drill program. A Mine Entry Permit for the Wotjalum Aboriginal Reserve is required, and this permit is currently with the Minister for Aboriginal Affairs for sign off after being recommended for approval by the Dambinmangari People. The granting of this permit will trigger the Programme of Work (`PoW') to be approved by the Department of Mines, Industry Regulation and Safety with drilling to commence immediately post PoW approval. Drill Program at Yampi Iron Project (E04/2542). The drill program at Yampi Iron Project will consist of an initial 5 diamond drill holes of approximately 150m depth each. The drill program will test an area of mapped, outcropping hematite mineralisation with numerous rock chip samples > 54% Fe (max 68% Fe). This area is interpreted as the fold hinge of a regional north-west trending, upright anticline and appears to be the contact between the Yampi Formation and Elgee Siltstone. This stratigraphic contact and structural setting are analogous to the setting of the hematite deposits at Koolan and Cockatoo Island. The aim of this initial drill program is to test the thickness, iron grade and mineralogy and lateral extent of the outcropping hematite mineralisation as well as to gain an enhanced insight of the stratigraphic and structural setting of the area. The program will provide valuable geological information over a 2 km strike length of hematite outcrop. Announcement • Aug 05
Pantera Minerals Limited has completed an IPO in the amount of AUD 7 million. Pantera Minerals Limited has completed an IPO in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012 Board Change • Aug 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. was the last director to join the board, commencing their role in . The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
