Panoro Minerals Ltd. announces that it has granted an aggregate of 4,825,000 stock options to directors, officers and employees of the Company to purchase 4,825,000 common shares in the capital of the Company pursuant to the Company's share option plan. The Options, which vest immediately, are exercisable at an exercise price of CAD $0.29 per Share for a period of five years from the date of grant. The Options have been [...]
Panoro Minerals Ltd. announces that Hudbay Peru S.A.C. , a wholly-owned subsidiary of Hudbay Minerals Inc. has delivered notice to Panoro that it intends to exercise its option to repurchase and cancel the 2% net smelter return royalty on the Kusiorcco Project held by the Company, for cash consideration of USD $2.0 million. Hudbay Peru and Panoro are in the process of having the repurchase and cancellation of the Royalty [...]
Panoro Minerals Ltd. is pleased to announce the approval of the semi-detailed Environmental Impact Assessment for the Cotabambas Copper/Gold/Silver Project in southern Peru. The approval of the EIAsd includes: increased number of permitted drilling platforms to 299, increased area under permit to 6,588 hectares, and extension of drilling permit to the year 2030. The number of permitted platforms has increased by 50%, the [...]
Panoro Minerals Ltd. announces that it has received approximately CA $2.7M from Calisto Cobre Resources Corp. as per terms of the Company's sale in December 2021 of 90% of the shares of Antilla Copper S.A., a former wholly owned subsidiary of Panoro, to Calisto. As disclosed in its August 8, 2023 news release, the Company received Payment #1 of $CA 10.0M on closing in December 2021 and in August 2023 agreed to amendments [...]
Panoro Minerals Ltd. is pleased to announce the filing of the NI-43-101 Technical Report for the updated Mineral Resource Statement for the 100% owned Cotabambas Project in Peru. The results of the mineral resource estimate were announced on the January 15, 2024 press release. The technical report was authored by AGP Mining Consultants Inc. The report is available at the Company's Website and on SEDAR. The updated mineral [...]
Panoro Minerals is pleased to announce that it has received the mineral resource estimate for its 100% owned Cotabambas porphyry copper-gold-silver Project located in southern Peru from AGP Mining Consultants, based in Toronto, Canada. The updated mineral resources at a 0.15%CuEq cut-off grade include: An Indicated mineral resource of 507.3 million tonnes at 0.34%Cu, 0.20 g/t Au, 2.42 g/t Ag and 0.0021%Mo, and 0.43%CuEq [...]
Panoro Minerals Ltd. Corporation announces that, subject to regulatory approval, it has retained Red Cloud Securities to provide liquidity services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Red Cloud is a Toronto-based financial services company that helps mineral exploration and mining companies with accessing capital markets and enhancing [...]
Panoro Minerals Ltd. and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the seventeenth Early Deposit payment of US$250,000 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 [...]
Panoro Minerals Ltd. is pleased to announce the results of four exploratory drill holes which intercept a new high grade Skarn type mineralization located less than 1 km to the west of the North Pit limit, at the Company's Cotabambas Cu/Au/Ag Project in southern Peru. The new target is named the "North West Pit" Target The highlights are: Drillhole CB-225A is an exploratory hole intersecting 27.9 m of primary sulfide [...]
Panoro Minerals Ltd. , , , announces that it has received a total of $C898,000 in payments from the sale of the Antilla and Cochasayhuas Projects in Peru. The Company announced the closing of the sale of the Antilla Project in December 2021. The Company has finalized amendments to the share purchase agreement and shareholders' agreement with Calisto Cobre Resources Corp. in which the Company sold 90% of the shares of [...]
Panoro Minerals Ltd. is pleased to announce results of nine additional drillholes that will provide additional information for the new mineral resource estimation at the Cotabambas Cu/Au/Ag Project in southern Peru. The drillhole intersection highlight are as follows: Drillhole CB-224 intersected 371m of the porphyry stock hosting 316.9m of copper and gold mineralization averaging 0.72% Cu, 0.50g/t Au and 4.01g/t Ag . The [...]
Panoro Minerals Ltd. , , , and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the sixteenth 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 [...]
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