Panther Metals (PALM ) has released the results of its fourth batch of Vibracore sample assay results from the Winston tailings project near Schrieber, Ontario.
The Vibracore tailings sampling part of a programme designed to build a mineral resource estimate at Winston, and is the first of a series of ongoing workstreams that aim to quantify and evaluate the existence of high-grade gold, gallium, silver, zinc, copper, indium and cobalt there.
Assayed intersections reported from batch 4 are taken from total tailings thicknesses varying between three metres to 16.7 metres. The maximum vertical thickness of tailings below ice and water intersected is 16.8 metres, with an average vertical thickness of 8.7 metres.
The results continue to show good grade consistency across the vertical depth-profile and laterally between Vibracore hole collar locations, and confirm or exceed the 2025 preliminary assay results announced in July 2025 and the results announced 17 March 2026.
All holes showed mineralisation for seven elements, including gold, silver and copper, with a reasonable degree of consistency. A typical result, from hole 35, showed just under 0.6 grams per tonne gold, just under 15 grams silver, 1.15% zinc, 0.15% copper, 261 parts per million cobalt, 85 ppm gallium, and 10 ppm indium.
"These latest results continue to confirm continuity across the Winston Tailings Project tailings footprint, further strengthening our confidence in the project's scale and consistency,” said Darren Hazelwood, chief executive of Panther.
“Ongoing work continues to add to our understanding of the asset, whilst reducing risk. The growing dataset increasingly supports Winston's technical potential and reinforces our view that this is a highly attractive opportunity for the company. We look forward to advancing the project further and updating shareholders on continued progress."
View from Vox
Winston continues to show itself to be consistently mineralised, as Panther builds up its database towards a resource estimate. It’s perhaps no surprise to find consistency in a tailings facility, but confirmation that the mineralisation is actually there is essential before Panther proceeds to the next steps, namely evaluation and permitting. It looks like this project will become a useful source of cashflow for the company in the not-too-distant future. In the meantime, watch for further news as the workstreams continue.