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IN BRIEF: Panthera Resources begins Kalaka project drilling

ALN

Panthera Resources PLC - gold exploration and development company owning multiple assets across West Africa and India - Begins a diamond drilling programme on the Kalaka project in Mali. Work will ‘provide material for further metallurgical test work’. Managing Director Mark Bolton says: ‘The company continues to advance its discussions regarding the potential restructuring of its interest in its West African gold assets. If successful, it is anticipated that this will not only provide a path for the company to realise significant value from its West African gold portfolio, but also provide funding for both the current drilling programme and advancing these assets going forward.’

Current stock price: 5.55 pence

12-month change: down 18%

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