RCS - Panther Metals PLC - Appointment of Strategic Adviser

Panther MetalsAnnouncement

11/04/2024 07:00

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RNS Number : 1120K  Panther Metals PLC  11 April 2024

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 FOR IMMEDIATE RELEASE

PANTHER METALS PLC

("Panther" or the "Company")

(Incorporated in the Isle of Man with company number 009753V)

11 April 2024

Appointment of Strategic Advisor

Panther Metals Appoints Melissa Sanderson as Strategic Advisor for Government
Relations and ESG

Panther Metals PLC (LSE:PALM) the company focused on developing Canada's next
VMS camp and graphite deposit, is pleased to announce the appointment of
Melissa Sanderson in the role of Strategic Advisor for Government Relations,
Environmental, Social and Governance (ESG) to the Company.

Melissa 'Mel' Sanderson combines over three decades of experience in
geostrategic planning, Ethical Sustainable Growth (ESG), and cultural
integration. Fluent in five languages Mel's wide ranging expertise spans the
mining industry, critical minerals strategy, international diplomacy, and
sustainable development. Currently leading MECA Consulting and contributing
her knowledge as a Professor at Thunderbird School of Global Management at
Arizona State University, Mel holds significant roles on various public market
Boards, driving ESG and decarbonisation efforts.

CEO, Darren Hazelwood, commented:

"The global macroeconomic resource dynamic has undergone a rapid
transformational change over the last few years, with an increasing need to
balance the supply of raw materials with the requirement to do so in a
sustainable and ethical manner. These changes are materially impacting the
junior exploration sector, and I believe it's at this point that certain
exploration companies such as Panther, will see a steep valuation renaissance
as we successfully address the new paradigm.

We bear witness to an increasingly urgent governmental drive at international,
national and provincial levels, to support the move to net zero via the
discovery of sustainable resources. Against this backdrop, Panther Metals
recognises that opportunities emerge during transformational periods, and
embracing change and positioning at the forefront, is paramount to a
successful growth business strategy.

Governments, manufacturers, major miners, and trading houses have all entered
the market to support and address the burgeoning commodity deficits, offering
both technical and financial support and moving explorers' funding reliance
away from the traditional equity markets.

Navigating the halls of power in Washington, Ottawa, London and Brussels, and
understanding the nuances required to efficiently deliver positive results for
a junior explorer is almost impossible and until now, only the mining majors
have had a voice.

Our appointment of Melissa "Mel" Sanderson, a global ESG powerhouse with the
political connections and business acumen to develop the required diplomatic
connections, is at this point in our Company growth, extraordinary. In
sporting terms, Accrington Stanley have just signed Lionel Messi!

Mel has already provided important guidance and support, and the whole Board
looks forward to working together with her, on our journey of discovery at a
time when Panther Metals emerges from some tough market conditions in great
shape, and becomes more dynamic, flexible, and aggressive.

On behalf of the Company and our shareholders I welcome Mel into Panther
Metals and thank her for joining us as Strategic Advisor."

 

Further Information

Mel is focused on leveraging her extensive geostrategic training and
experience in ESG to foster sustainable success in medium to large mining
companies. Her previous US Foreign Service career achievements amongst others
include: facilitating United States - Democratic Republic of Congo government
relations; managing the Weapons of Mass Destruction (WMD) reduction treaties
in Russia; directing anti-drug measures in El Salvador; and ensuring Poland's
preparation for NATO membership.

Professional Experience:

·    President, MECA Consulting LLC (6/2020 - Present): Specialises in
government and public relations with an emphasis on ESG, DEI, and diplomatic
relations for resource sector companies.

 

·    Professor of Practice, Arizona State University, Thunderbird School
of Global Management (05/2021 - Present): Educates future leaders about
international organisations including the United Nations, African Union, and
World Bank.

 

·    Partner, Africa-US Business Opportunities (8/2020-Present):
Identifies and assesses investment projects in Africa, fostering mutual
prosperity.

 

·    President, North America, American Rare Earths Limited (01/2023 -
10/2023): Oversaw investor relations, business transformation, and
development.

 

·   Freeport McMoRan Inc (5/2010 - 6/2020): Led international affairs,
merging public and government relations with sustainable development.

 

·    Freeport McMoRan Copper and Gold, Inc (9/2006 - 5/2010): Served as
Vice President for Africa, establishing the government relations office in
Kinshasa, DRC.

 

·    US Foreign Service (1985-2006): Held various roles, focusing on
counterterrorism, WMDs, trade negotiations, and more across diverse global
postings.

For full disclosure purposes Melissa Sanderson holds the following current
directorships and positions of responsibility.

 Advisor            Current directorships                         Recent Memberships & Activities
 Melissa Sanderson  MECA Consulting LLC                           Chair, Arizona District Export Council (2016-2023)

(6/2020 - Present): President

                                             Chair, Mining Committee, Arizona Mexico Commission
                    American Rare Earths Limited
(2017-2023)

(11/2021 - Present): Director

                                             Board Member, Arizona Council for Economic Education
                    Auxico Resources Canada Inc.
(2013-2023)

(09/2022 - Present): Non-Executive Director

                                             Co-Chair, Phoenix Committee on Foreign Relations
                    Advance Metals
(2017-2021)

(05/2022 - Present): Director

                    Critical Minerals Institute

(11/2022 - Present): Director

In relation to the appointment the Company today announces that Melissa
Sanderson has been granted the following Options:

 Name               Number of New Options Granted  Exercise Price per Ordinary Share (pence)  Option Term from Grant Date  Total Options Held Following This Grant
 Melissa Sanderson  300,000                        5.5                                        5 years                      300,000

Following these Options, the Company has granted options over an aggregate of
7,800,000 ordinary shares.

 

For further information please contact:

 

 

Panther Metals PLC:

Darren Hazelwood, Chief Executive Officer: +44(0) 1462 429 743

 
+44(0) 7971 957 685

Brokers:

Tavira Financial Limited

Christopher James Kipling
         +44(0) 203 833 3743

SI Capital Limited

Nick Emerson
                         +44(0) 1438 416 500

Axis Capital Markets Limited

Ben Tadd

Lewis
Jones
+44 (0)20 3026 0449

 

Notes to Editors

Panther Metals PLC is an exploration company listed on the main market of the
London Stock Exchange. Panther is focussed on the discovery of commercially
viable mineral deposits. The Company's operational focus is on established
mining jurisdictions with the capacity for project scalability. Drill targets
are assessed rapidly utilising a combination of advanced technologies and
extensive geological data to decipher potential commercial viability and act
accordingly. Panther's current geological portfolio comprises of three highly
prospective properties in Ontario, Canada while the developing investment wing
focuses on the targeting of nickel and gold in Australia.

Obonga Project

Panther Metals acquired the Obonga Greenstone Belt in July 2021 and have
already identified five prospective primary targets: Wishbone, Awkward,
Survey, Ottertooth and Silver Rim. A successful Phase 1 drilling campaign at
Wishbone in Autumn 2021 revealed the presence of significant VMS-style
mineralised systems on the property - the first such discovery across the
entire greenstone belt. Intercepts include 27.3m of massive sulphide in hole
one, and 51m of sulphide-dominated mineralisation in hole two. Both drill
holes contained multiple lenses. Anomalous high-grade copper in lake sediment
close to the target area has also been identified, increasing confidence in
the prospectivity of the location.

Awkward is a highly anomalous magnetic target, interpreted to be a layered
mafic intrusion and magmatic conduit based on mapped geology and airborne
geophysics. Historic sampling in the area returned anomalous platinum and
palladium (Pt, Pd) values, while historic drilling on the periphery of the
target intersected non-assayed massive sulphide and copper (assumed to be
chalcopyrite), non-assayed disseminated pyrite and chalcopyrite in coarse
gabbro, and non-assayed 'marble cake' gabbro (matching the description of the
Lac des Iles Mine varitexture gabbro ore zone).

Two additional named targets, Survey and Ottertooth, both displays further
coincident magnetic and electromagnetic anomalies and are adjacent to the
contact between intrusive and extrusive mafic rocks. Historic drilling at
Survey intersected several meters of massive sulphides in multiple
intersections (main parts of the anomaly remain untested) while Ottertooth
remains untested in its entirety.

Dotted Lake Project

Panther Metals acquired the Dotted Lake Project in July 2020, it is situated
approximately 16km from Barrick Gold's renowned Hemlo Gold Mine. An extensive
soil programme conducted in 2021 identified numerous gold and base metal
targets, all within the same geological footprint. Following the installation
of a new trail providing direct access to the target location, an initial
drilling programme in Autumn 2021 confirmed the presence of gold
mineralisation within this system with anomalous gold continuing along strike
and present within the surrounding area.

Manitou Lakes Project

The Manitou Lakes gold project is located approximately 300km's east of
Thunder Bay, Ontario and covers a total area of around 98sq km's.

There are over 200 known gold occurrences on the Manitou Lakes project area
with the wider Eagle/Manitou Lakes greenstone belt hosting numerous historic
gold producers and is prospective for Archean age orogenic gold and associated
base metal deposits.

Exploration work conducted by Shear Gold on the Project to date has identified
numerous gold bearing structures and favourable geological host rocks through
early-stage mapping and surface sampling. The work has focussed on two target
areas, being the West Limb Gold Property and the Glass Reef Gold Property,
both of which host historic gold mines which have never been systematically
explored using modern techniques or drill tested

Fulcrum Metals Plc

Fulcrum Metals PLC (LON: FMET) is an AIM listed exploration company which
finances and manages exploration projects focused on Canada, widely recognised
as a top mining jurisdiction.

 

FMET currently holds a beneficial 100% interest in highly prospective gold and
base metals projects in Ontario and Uranium projects in Saskatchewan.

 

Fulcrum's strategy is to focus on discovery and commercialisation of its
Projects through targeted exploration programmes. The primary focus is to make
an economic discovery on the flagship Schreiber-Hemlo Properties and
establishing the prospectivity of its wider Ontario and Saskatchewan portfolio
with a view to securing potential joint venture and/or acquisition interest.

 

Panther Metals Plc own 20% of the issued share capital of Fulcrum Metals Plc
and a 2% NSR on the Big Bear project.

Panther Metals Australia

Following the listing of Panther Metals' Australian assets on the Australian
Securities Exchange ("ASX") in December 2021. The ASX listing has provided the
Australian projects with the necessary capital to advance drill-ready targets
focused on nickel and gold (within the Tier 1 Mining Districts of Laverton WA
and in the NT). Through this spin-out Panther holds an attractive investment
prospect, without any disruption to the Company's capital structure and
without any financial obligations.

Conclusion

Panther Metals understand that the commercial realities of building an
exploration company requires expertise in geology, finance, and the markets
within which they operate. The Company's extensive network of industry leaders
allows it to meet these objectives. Ultimately however, drilling success is
the only route to discovery: the fundamental objective of any exploration
company. Once Panther's world-class geological team identify the anomalies,
they work hard to get drilling. The drill hole is the only place where
substantial and sustained capital growth originates and it's with that
operational focus Panther Metals will continue to advance.

 

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