Future Metals NL - Perth-based platinum exploration company - Says drilling programme is set to start at the Panton project in northern Western Australia. Says a diamond drill rig has arrived at site and initial targets have been identified from historical drilling and a ground based electromagnetic survey.
Chief Executive Officer Jardee Kininmonth says: "There has been a tremendous effort by the team to pull together this latest exploration programme following the completion of our detailed exploration review which highlighted Panton's prospectivity for making a Ni-Cu-PGE sulphide discovery. A number of high quality targets have already been generated from the review of historical data and the ground EM survey currently underway, with the diamond drill rig set to start testing these in the coming days."
Current stock price: 7.00 pence each, down 2.1% on Tuesday afternoon in London
By Xindi Wei; xindiwei@alliancenews.com
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