{"id":1428,"date":"2023-11-14T22:44:15","date_gmt":"2023-11-14T22:44:15","guid":{"rendered":"https:\/\/economicherald.net\/?p=1428"},"modified":"2023-11-14T22:44:15","modified_gmt":"2023-11-14T22:44:15","slug":"panther-says-enough-drilling-time-for-a-scoping-study-at-coglia-within-just-2-years-of-asx-debut","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=1428","title":{"rendered":"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut"},"content":{"rendered":"

Strategic shift towards focusing Coglia nickel-cobalt project on development
\nPanther progresses to updating 70.6Mt resource
\nScoping study to begin once updated resource complete<\/p>\n

\u00a0<\/p>\n

Special Report: <\/em>Panther Metals is making significant strides in its journey towards mining at the Coglia nickel-cobalt project with a strategic move to kick off scoping studies once it has unveiled the updated resource. <\/strong><\/p>\n

The completion of a 5,320m reverse circulation (RC) drilling program has provided crucial insights, and Panther Metals (ASX:PNT)<\/a> is now gearing up for the next steps, including a resource update and the initiation of a scoping study.<\/p>\n

The recently concluded drill program, spanning 56 holes, was designed to refine the understanding of mineralisation at Coglia.<\/p>\n

Notably, a standout intercept of 144m at 0.15% nickel and 90 parts per million (ppm) cobalt from 20m in the East Drill Target area is the first robust evidence of in-situ nickel-sulphide style mineralisation within ultramafic units.<\/p>\n

Other key intercepts included 6m at 0.98% nickel and 370ppm cobalt from 52m, 6m at 0.95% nickel and 220ppm cobalt from 69m, 2m at 0.87% nickel and 680ppm cobalt from 84m, and 15m at 0.6% nickel and 500ppm cobalt from 25m.<\/p>\n

With this important data in hand, Panther is set to update the Coglia resource. Following this update, the company will take a significant step forward by initiating a scoping study to provide a high-level economic valuation of the project, setting the stage for further development.<\/p>\n

\u201cThe company has been busy positioning itself for the first steps towards mining at Coglia via the commencement of a scoping study, with the aim of putting a dollar value on one of the largest nickel-cobalt laterite resources in Western Australia,\u201d managing director Daniel Tuffin said.<\/p>\n

The 5.5km long Coglia resource of 70.6 million tonnes currently is already one of Western Australia\u2019s top 10 largest JORC-2012 compliant nickel deposits not owned by a major, with significant further exploration upside.<\/p>\n

\u201cWhilst future near-resource drilling will continue, a substantial nickel-cobalt resource has already been identified \u2013 the company has determined that it\u2019s time for a strategic shift towards focusing the project on development in anticipation of future mining activities,\u201d Tuffin explained.<\/p>\n

In line with this, Panther has proactively applied for a mining lease to position itself for potential future requirements and a seamless transition towards a pre-feasibility study.<\/p>\n

The commitment to project advancement is further underscored by the completion of stage one metallurgical test work.<\/p>\n

\u201cAs part of this transition, the company has proactively undertaken metallurgical test work having already identified the project\u2019s potential for onsite heap leaching,\u201d Tuffin noted.<\/p>\n

\u201cThat same company foresight has also led to the application to convert the entire Coglia exploration licence into a mining lease.\u201d<\/p>\n

Earlier this year, the company confirmed nickel extraction of 92.6% and cobalt extraction of 73.9%<\/a> from the Coglia project using a high-pressure acid leach (HPAL) process.<\/p>\n

Identifying the optimal leaching reagent for heap leaching is a critical step, and Panther has chosen sulphuric acid due to its cost-effectiveness and superior performance in leach tests.<\/p>\n

The company has already begun stage-two metallurgical test work to explore various leach testing methods and enhance recovery potential.<\/p>\n\n

\u201cWe expect to have a better understanding of the economic value of the project once the scoping study is complete, at which point we\u2019re confident that the project will quickly advance towards a pre-feasibility study and subsequent ore reserve,\u201d Tuffin said.<\/p>\n

\u201cThis rapid progression of the Coglia project from discovery through to development has occurred within just two years of listing the company.\u201d<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\u00a0<\/p>\n

\u00a0<\/p>\n

This story was developed in collaboration with Panther Metals, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n

\u00a0<\/p>\n

This story does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Strategic shift towards focusing Coglia nickel-cobalt project on development Panther progresses to updating 70.6Mt resource Scoping study to begin once updated resource complete \u00a0 Special [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":1429,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nPanther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=1428\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Strategic shift towards focusing Coglia nickel-cobalt project on development Panther progresses to updating 70.6Mt resource Scoping study to begin once updated resource complete \u00a0 Special [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=1428\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-14T22:44:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut\",\"datePublished\":\"2023-11-14T22:44:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428\"},\"wordCount\":649,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=1428#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=1428\",\"name\":\"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg\",\"datePublished\":\"2023-11-14T22:44:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=1428\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg\",\"width\":1200,\"height\":800},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=1428#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=1428","og_locale":"en_US","og_type":"article","og_title":"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut - Economic Herald","og_description":"Strategic shift towards focusing Coglia nickel-cobalt project on development Panther progresses to updating 70.6Mt resource Scoping study to begin once updated resource complete \u00a0 Special [more...]","og_url":"https:\/\/economicherald.net\/?p=1428","og_site_name":"Economic Herald","article_published_time":"2023-11-14T22:44:15+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=1428#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=1428"},"author":{"name":"","@id":""},"headline":"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut","datePublished":"2023-11-14T22:44:15+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=1428"},"wordCount":649,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=1428#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=1428#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=1428","url":"https:\/\/economicherald.net\/?p=1428","name":"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=1428#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=1428#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg","datePublished":"2023-11-14T22:44:15+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=1428#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=1428"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=1428#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/11\/GettyImages-1281037973-e1700001783402-uTuGCY.jpeg","width":1200,"height":800},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=1428#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Panther says enough drilling, time for a scoping study at Coglia within just 2 years of ASX debut"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/1428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1428"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/1428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/1429"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}