Panoro Minerals Ltd. , , , and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the fifteenth 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 [...]
Panoro Minerals Ltd. is pleased to inform that it has reached an access agreement with the Cochapata Agrarian Community, the Convenio, to allow for continued surficial exploration and drilling at the Cotabambas Project in Peru. The agreement covers the period of 16 months from September 2022 to December 2023 and allows the company to expand the drilling program into the proposed North Pit Area where both infill and [...]
Panoro Minerals Ltd. is pleased to announce results of four additional drill holes from its 16,970 m drill program, the aim of which is to expand the high-grade resource and upgrade inferred to indicated resources at the Company's Cotabambas Cu/Au/Ag Project in southern Peru. Hole CB-198 confirms the high-grade continuity between the previous holes CB-23 and CB-195, intersecting a 260 m length of primary copper sulfide [...]
Panoro Minerals Ltd. is pleased to announce the results from an additional drill hole from its 16,970m drill program at the Company's Cotabambas Cu/Au/Ag Project in southern Peru, the aim of which is to expand the current resource and upgrade inferred resource to indicated. The step out Hole CB-196 is successful in expanding the footprint of the high grade mineralization and provides further evidence to the company's [...]
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. Drillhole CB-195, the first hole completed of the 2022 program, intersected 195.8m averaging 0.55% Cu, 0.52 Au g/t, 2.88 Ag g/t , including a profile of copper oxides, mixed and hypogene zones. The primary copper sulfides in the hypogene zone include 45.7m grading 0.95% Cu, 0.78 g/t [...]
Panoro Minerals Ltd. is pleased to announce the appointment of Michael Malana as Chief Financial Officer effective June 1, 2022. With over 20 years of international experience in financial management, financial reporting and general corporate governance, Mr. Malana has held senior financial executive positions across several industries including natural resources, biotechnology and manufacturing. Mr. Malana holds a [...]
Panoro Minerals Ltd. is pleased to announce the appointment of Guillermo Torres Torres as Vice-President of Project Development effective immediately. Mr. Torres will lead Panoro's team in the execution of the pre-feasibility and feasibility studies for the Cotabambas Project. Mr. Torres has over 22 years of experience in the mining industry in Peru and Argentina with an in-depth knowledge of the mining business from pit [...]
Panoro Minerals Ltd. is pleased to announce the mobilization of a drilling contractor to commence the pre-feasibility study infill and step out drilling program at the Cotabambas Project. The proposed drilling program will commence within the next two weeks and is scheduled to be completed in December 2022. Additional drilling is planned for 2023 to test satellite targets identified within Cluster 1 and Cluster 2 of the [...]
Panoro Minerals Ltd. and its wholly-owned subsidiary, Panoro Trading Ltd. are pleased to announce that they have received the fourteenth 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 provide an update on the Company's plans for the Cotabambas Project in 2022. In the first quarter of 2022 Panoro will commence the studies to support the prefeasibility study for the Cotabambas Project. This work will begin with the step-out and infill drilling programs and includes technical and environmental studies. The work programs will commence soon and continue to the end of the [...]
Panoro Minerals Ltd. is pleased to announce the completion of agreements resulting in additional funding of $US2.35 million to Panoro Minerals. These additional funds, together with those from the previously announced transactions, total $CA17.7 million available for investment into the Cotabambas Project prefeasibility studies in 2022. The Company plans to evaluate and include in the prefeasibility study several [...]
Panoro Minerals Ltd. is pleased to announce that the Company has completed the transfer of a land package to the Community of Cochapata . The Community is located nearby the Cotabambas Copper Project in the Apurimac Region of Peru. The 4.1 hectare land package was acquired by the Company for Cochapata in November of 2018. Since the acquisition, the Company has worked with the Community to subdivide and register the land [...]