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Panther Metals PLC on Thursday said it has partnered with exploration firm Fulcrum Metals to investigate the potential commercialisation of a Winston project facility. The Canada-focused mineral deposits exploration company said the collaboration would look into the potential commercialisation of the historical mine processing tailings storage facility in Canada. ‘A modern, sustainable approach to mine waste reprocessing and precious metal capture potentially offers Panther a shorter pathway to significant cashflow,’ Panther said. This cashflow could potentially be deployed towards extending the 8.5 year mine life estimated in its 2021 mine redevelopment feasibility study. ‘This collaboration is the first step in investigating a potential early source of positive cashflow for Panther at the Winston project. The infrastructure is well maintained on the brownfield Winston Lake mine site allowing for the potential rapid evaluation and monetisation of the historical mine processing tailings,’ said Panther Chief Executive Officer Darren Hazelwood. ‘Working with Fulcrum Metals, who are advancing mine-tailings reprocessing project elsewhere in Ontario, we intend to explore innovative ways to generate additional value and potentially extend the life of our flagship project. It’s a strong step forward in our mission to build a sustainable and profitable future for our shareholders.’ Shares in Panther Metals closed up 3.0% at 66.40 pence each in London on Friday afternoon. Fulcrum Metals shares closed down 5.3% at 4.50 pence. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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