Drilling to commence at WA Manganese Project

Our junior exploration Investment Pantera Minerals (ASX:PFE) is poised to commence drilling at its WA manganese project, Weelarrana.

This follows completion of a Cultural & Heritage survey covering four prospects. PFE has heritage clearance to conduct exploration drilling over all these prospects, with the first 1500m RC drilling campaign to commence imminently.

We are encouraged by the prospectivity of the area, noting that further rock samples have confirmed and extended the area of outcropping manganese mineralisation.

Of note, Weelarana is located roughly 45km south of Element 25’s (ASX:E25) Butcherbird Project, which hosts 260+ Mt of manganese ore in JORC resources.

With this being the first time the manganese mineralisation here has been drill tested in this project, we eagerly await assay results, likely in 4Q22.

Meanwhile, the assay results from PFE’s Hellcat project are likely to be released in this current quarter.