VANCOUVER, British Columbia, May 14, 2018 -- Panoro Minerals Ltd. is pleased to announce that it has received the results of an independent Preliminary Economic Assessment of the Company's 100% owned Antilla project in Peru. The Antilla project is a copper-molybdenum porphyry deposit, located 140 km south west of the city of Cuzco, in the Apurimac region in Southern Peru. Highlights Pre-tax Estimates: NPV of US$ 519.8 [...]
Panoro Minerals announces the granting of 7,300,000 options exercisable at a price of $0.34 to 17 individuals including 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 & CEO FOR FURTHER INFORMATION, CONTACT: Panoro [...]
VANCOUVER, British Columbia, Feb. 20, 2018 -- Panoro Minerals Ltd. is pleased to announce the commencement of the Company’s 2018 drilling program at the Cotabambas Project in Peru. Panoro Minerals has contracted Lima-based drilling contractor, Bradley-MDH, to conduct the proposed 2018 drilling campaign. Two diamond drill rigs are being mobilized with drilling expected to begin on February 22, 2018. The 2018 drilling [...]
VANCOUVER, B.C., Feb. 01, 2018 -- Panoro Minerals Ltd. is pleased to announce HudBay Minerals Inc. has exercised 2,060,484 common share purchase warrants for the purchase of Panoro Minerals shares resulting in aggregate proceeds of C$556,330 to the Company. These share purchase warrants were exercisable until August 26, 2018. After the exercise, Hudbay holds 30,823,849 common shares, or 11.74% of the outstanding shares of [...]
VANCOUVER, British Columbia, Jan. 22, 2018 -- Panoro Minerals Ltd. is pleased to provide a review of 2017 and the CEO’s outlook and Company plans for 2018. 2018 is shaping up to be a transformational year for Panoro Minerals Ltd. The Company is well financed through to 2020; exploration results are identifying expansion potential for the Cotabambas project; and strengthening copper prices are indicating the [...]
VANCOUVER, British Columbia, Jan. 08, 2018 -- Panoro Minerals Ltd. is pleased to announce that its wholly-owned subsidiary, Panoro Apurimac S.A., has transferred a 100% interest in the 12 mining concessions that comprise the Kusiorcco project in southern Peru to a wholly owned subsidiary of HudBay Minerals Inc. . The Kusiorcco project is located near Hudbay’s Constancia mine. In consideration for the transfer of the [...]
VANCOUVER, British Columbia, Dec. 20, 2017 -- Panoro Minerals Ltd. is pleased to provide additional assay results from its drill program at Maria Jose Target at Cluster 1 of its 100% owned Cotabambas Cu/Au/Ag Project in Peru. Drill hole CB-183 intersected a 127.6m interval of hypogene copper mineralization in a quartz monzonite porphyry intruding andesite volcanics beginning at 199.6m and averaging 0.41% Cu, 0.06 g/t Au [...]
VANCOUVER, B.C., Dec. 11, 2017 -- Panoro Minerals Ltd. is pleased to provide an update of its exploration drill program at its 100% owned Cotabambas Cu/Au/Ag Project in Peru. Highlights are as follows: Petra Target: Drillhole CB-172 intersected from 0 to 78.8m oxide copper mineralization in a quartz monzonite porphyry intruding diorite and averaging 0.32% Cu, 0.08 g/t Au, 2.2 g/t Ag, including two intervals of 20.4m [...]
Panoro Minerals Ltd. and its wholly-owned subsidiary, Panoro Trading (Cayman) Ltd. are pleased to announce that they have received the fifth Early Deposit payment of US$750,000 as part of the Precious Metals Purchase Agreement (the “Cotabambas Early Deposit Agreement”) with Wheaton Precious Metals International Ltd. (“WPMI”) (formerly Silver Wheaton (Caymans) Ltd.), a wholly owned subsidiary of [...]
VANCOUVER, British Columbia, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV:PML) (Lima:PML) (Frankfurt:PZM) ("Panoro", the "Company") is pleased to provide an update of its exploration drill program at its 100% owned Cotabambas Cu/Au/Ag Project in Peru. Highlights are as follows: Petra-David Target, Drillhole CB-171 intercepted a quartz monzonite porphyry from surface to 19.0 m with oxide copper [...]
VANCOUVER, British Columbia, Oct. 02, 2017 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSX-V:PML) (Lima:PML) (Frankfurt:PZM) ("Panoro", the "Company") is pleased to announce that it has completed an updated semi-detailed Environmental Impact Assessment (“EIAsd”) to expand the permitted area for drilling to include the Chaupec Target zone in Cluster 2 of its 100% owned Cotabambas Project in Southern Peru. This is [...]
VANCOUVER, British Columbia, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSX-V:PML) (Lima:PML) (Frankfurt:PZM) ("Panoro", the "Company") is pleased to provide the results from an additional three drill holes completed at the Maria Jose Target at its 100% owned Cotabambas Cu/Au/Ag Project in Peru. The results are highlighted by Drillhole CB-161. Drillhole CB-161, located 140 m southwest of previously announced [...]