PFE – Pantera Minerals | Aussie Stock Forums

Pantera Minerals was recently incorporated to acquire its four Western Australian based iron ore, copper, manganese and polymetallic projects; the Yampi Iron ore Project, Yampi Copper Project, Weelarrana Manganese Project and the Frederick Polymetallic Project.

The Company has signed an acquisition agreement with Beau Resources Pty Ltd to acquire an 80% interest in the Yampi Iron ore Project, 100% interest in the Yampi Copper Project, 100% interest in the Weelarrana Manganese Project and a 100% interest in the Frederick Polymetallic Project. In addition to these acquisitions, the Company has under application four contiguous tenements to the Yampi Iron Project covering 620 sq km (Yampi Extension Project). As of 2 June 2021 the tenements comprising the Yampi Copper Project, the Weelarrana Manganese Project, the Frederick Polymetallic, and the Yampi Extension Project, have not yet been granted. The Company expects these tenements to be granted after its admission to the ASX.

The proposed work programs will see the Company become very active in exploring and developing its Projects with work to commence soon after completion of its IPO.

It is anticipated that PFE will list on the ASX during August 2021.

 

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