Panther Metals PLC - investor in and acquirer of companies within the natural resource sector - Appoints Abitibi Geophysics Ltd, an international geophysical survey company, to provide geophysical modelling services for Panther's Dotted Lake project located in Ontario.

Chief Executive Darren Hazelwood says: "We are now vectoring into our drill targets on possibly the most exciting undrilled geological target area in Ontario based on the successes by GT Resources on the Tyko zone to our east."

He adds: "The quantity, abundance and grade of copper, nickel and cobalt in soils is exceptional, allowing me to remove the usual caution expressed in greenfield exploration and say it would be a huge disappoint, when factoring in all the knowns into our programme, not to make a discovery in this area."

Current stock price: 89.56 pence

12-month change: down 0.5%

By Jeremy Cutler, Alliance News reporter

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