Future Metals Nl CEO Keith Bowes discusses the Panton PGM project in Western Australia's East Kimberley, the company's $3.6 million placement and plans for an updated scoping study. The study will assess whether the nearby Savannah nickel concentrator can process Panton ore and help reduce capital requirements and development time.
Key Highlights
- Future Metals Nl secured $3.6 million in firm placement commitments backed by Zeta Resources.
- Panton is about 60 kilometres from the Savannah nickel concentrator, which is in care and maintenance.
- The updated scoping study will compare a greenfield Panton development with processing through Savannah.
- Preliminary test work indicates the proposed two-circuit flow sheet may be simplified to one circuit.
- First production through Savannah could be possible within 36 months, while the greenfield option could add about two years.
- The Alice Downs Corridor, about 20 kilometres northeast of Panton, includes the Eilen Bore copper exploration target.
About Future Metals Nl
Future Metals Nl is an ASX-listed precious metals and minerals company focused on the Panton PGM project in the East Kimberley. The company also holds exploration tenements across the Alice Downs Corridor, including the Eilen Bore copper target.
Disclaimer
This podcast is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Listeners should conduct their own research and consider seeking professional financial advice before making investment decisions.
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