PFE: Promising manganese results leads to July drilling plan

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

This comes on the back of promising results from rock chip sampling, with 16 of 22 samples returning high grade manganese (between 11% to 43% grades) supporting previously reported high grade sampling (grades between 32% to 42%).

Three areas of outcropping high grade manganese mineralisation have now been identified, extending the strike length of outcropping mineralisation from 280m to 800m, with large parts of the tenement area yet to be assessed.

A heritage survey for later this month is set to pave the way for a 1500m RC drilling programme in July 2022.

The drilling of PFE’s manganese projects is our #3 objective we want to see executed this year, and so today’s announcement illustrates the progress being made here:

Next up is the upcoming drilling campaign at PFE’s Hellcat polymetalic project that’s expected to start at a similar time to Weelarrana. More details on these projects can be found in our PFE Investment Memo.