Pantera Minerals Limited Announces the Receipt of Assays from All 30 Reverse Circulation At the Weelarrana Project
of 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 of
manganiferous shale with each area measuring approximately 2500m x 1000m.