Drilling plans revealed for Hellcat Project, WA

Our junior exploration investment Pantera Minerals (ASX: PFE) today announced plans for its maiden drilling programme at the recently acquired Hellcat polymetallic project in WA.

Hellcat is located down the road from one of the region’s most recent significant discoveries - Galena Mining’s ‘Abra’ polymetallic deposit, currently in construction for first lead and silver production next year.

Hellcat has the same stratigraphic and structural setting, and shares a similar geophysical signature to Abra, so it will be interesting to see what drilling uncovers - this fits in with our #2 Objective we want to see PFE deliver this year.

Today, PFE announced the Program of Works for the Hellcat drilling program - a precursor to the 4 diamond drill holes planned for July 2022.

In preparation, a drilling contractor has already been booked. Next will be the heritage and cultural clearance surveys, expected for later in May 2022.

PFE has several projects they are advancing - to see the key objectives we set for 2022 and what we want to see the company achieve in 2022, check out our 2022 PFE Investment Memo here.