IRON ORE

PFE intersects 14m of Hematite sandstone on first drill campaign.

Today Pantera Minerals (ASX:PFE) today announced that three drill holes have been completed encountering broad widths of up to 14m in Hematite sandstone - the cores have been sent to the assay lab and grades are expected to be announced in December.

Pantera about to drill with Heli-portable rig now built and helicopter commissioned

Today, Pantera Minerals (ASX:PFE) announced that a bespoke heli-portable diamond drill rig has been built and will be dropped at the exploration site by helicopter within weeks. Now with the final drilling permits expected within a few weeks, PFE says it will begin its first ever drill campaign by the end of the month, with results shortly after.

Our New Portfolio Addition is Here

Pantera Minerals (ASX:PFE) is an early stage explorer about to drill for high grade iron ore right next to billion dollar iron ore producer Mt Gibson Iron (and all their infrastructure). PFE just listed on the ASX this morning after raising $7.0M at 20c. PFE has a market cap of $13.95M (at 20c, undiluted), with an enterprise value of ~ $6.95M.

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