Panther Metals (PALM ) has completed vibracore sample collection work at the Winston tailings project in Canada.
The ice-barge mounted vibracore sampling is the first of a series of ongoing workstreams designed to quantify, evaluate and permit the contained high-grade gold, gallium, silver, zinc, copper, indium and cobalt and other recoverable minerals located within the historic Winston Lake mine tailings storage facility near Schrieber, Ontario, Canada.
The thickness of the tailings exceeded expectations, reaching a maximum vertical thickness of tailings below ice and water of 16.8 metres and with an average vertical thickness of 8.7 metres.
Laterally and vertically representative tailings core samples were successfully retrieved from across the extent of the frozen tailing pond, from 109 locations at regular grid spacings across the facility.
The completed sample grid measures up to 904 metres along the long axis and up to 230 metres perpendicular to the long axis.
Separately, the company has also recently held constructive First Nation stakeholder engagement meetings at the PDAC conference in Toronto.
View from Vox
It’s encouraging to see work at Winston progressing as planned. Winston was operational as a mine from 1988 to 1998, producing approximately 3.3 million tonnes of ore and yielding zinc, copper, silver, and gold. Based on historic recoveries from mining activities in the 1980s and 1990s, it is believed that a significant quantity of valuable material remains in the tailing storage facility. We are about to get one step closer to finding out exactly how much.