Panoro Minerals Ltd. , is pleased to announce that it will be remobilizing the Company’s field staff and contractors to continue the exploration plans at the Humamantata Project which were suspended due to Peruvian regulations related to the Covid-19 pandemic. The exploration plans include: Geologic Mapping over the entire property with detailed mapping over targets identified. To date 70 hectares have been mapped; A [...]
Panoro Minerals Ltd. , is pleased to announce that it has completed the sale of the Cochasayhuas Gold Project to Mintania S.A.C. of Peru for a total of US$ 2.45 million to be paid in instalments plus a 5% Net Smelter Return royalty for 15 years from the commencement of commercial production. The cash installments will be paid according to the following schedule: US$ 450,000 in 2020, on closing US$1,000,000 in 2021; US [...]
Panoro Minerals Ltd. announces that on March 23, 2020, Canadian Securities Regulators published temporary blanket relief for market participants from certain regulatory filings as a result of COVID-19. The Company intends to rely on the temporary blanket relief which provides for a 45 day extension to file its Audited Annual Financial Statements and MD&A for the period ending December 31, 2019. Panoro now expects to file [...]
Panoro Minerals Ltd. and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the tenth Early Deposit payment of US$750,000 as part of the Precious Metals Purchase Agreement with Wheaton Precious Metals International Ltd. , a wholly owned subsidiary of Wheaton Precious Metals Corp. , in respect of the Cotabambas project located in Peru. The principal terms of the Cotabambas [...]
Panoro Minerals Ltd. is pleased to announce its exploration plans for its Humamantata Project located in southern Peru. The Company and its Joint Venture Partner, the Japan Oil, Gas and Metals National Corporation, “JOGMEC”, have agreed to an exploration investment program to be completed before Q4 2020. The exploration program will include: Geologic Mapping over the entire property with detailed mapping over [...]
Panoro Minerals Ltd. and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the ninth Early Deposit payment of US$750,000 as part of the Precious Metals Purchase Agreement with Wheaton Precious Metals International, a wholly owned subsidiary of Wheaton Precious Metals, in respect of the Cotabambas project located in Peru. The principal terms of the Cotabambas Early Deposit [...]
Panoro Minerals Ltd. Panoro announces the granting of 4,300,000 options exercisable at a price of $0.15 to directors, officers, senior management and employees pursuant to the Company's stock option plan and subject to the TSX Venture Exchange rules and regulations. On behalf of the Board of Panoro Minerals Ltd. Luquman A. Shaheen, M.B.A., P.Eng., P.E. President & Panoro Minerals Ltd. Luquman Shaheen, President & CEO [...]
Panoro Minerals Ltd. is pleased to announce results of the exploration work at the Guaclle target. The Guaclle target is composed of Skarn type mineralization located in Cluster 1 at the 100% owned Cotabambas Project. The Guaclle target is located 800 m to the west and 200 m lower in elevation than the Ccalla Deposit. The Guaclle target, together with the Petra-David and Ccalla East targets and Ccalla Deposit to the east [...]
Panoro Minerals Ltd. and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the eighth Early Deposit payment of US$750,000 as part of the Precious Metals Purchase Agreement with Wheaton Precious Metals Corp. International Ltd. , a wholly owned subsidiary of Wheaton Precious Metals Corp. , in respect of the Cotabambas project located in Peru. The principal terms of the [...]
Panoro Minerals Ltd. is pleased to provide assays results from its drill program at Chaupec Target at Cluster 2 of its 100% owned Cotabambas Cu/Au/Ag Project in Peru. The recently completed first phase of drilling at the Chaupec Target was composed of five drill holes totalling 997 meters of drilling. The five drill holes were completed at the northern end of the Chaupec target along approximately 1.2 km of strike. The [...]
Panoro Minerals Ltd. is pleased to announce the appointment of Mr. Augusto Baertl of Lima, Peru as Chairman, effective as of this date. He has been a Director of the Company since 2017. Mr. Baertl is an experienced mining executive with over 50 years of experience in the Peruvian and International Mining sectors. Mr. Baertl's career began with the San Cristobal Mining unit of the Cerro de Pasco Corporation followed by [...]
Panoro Minerals Ltd. is pleased to announce the completion of the 2019 geophysical survey at the Cotabambas Project. The completed program has yielded a number of principal advancements for the planning of the proposed drill program: Identified a large chargeability anomaly underlying porphyry mineralization exposed at surface, indicative of the potential for a new porphyry target at depth ; indicating the potential for [...]