Panther Metals (ASX: $PNT) Scoping Study Results

Panther Metals Ltd (ASX: $PNT) is pleased to announce exceptional results from its maiden Scoping Study at the Coglia Nickel-Cobalt Project. The study demonstrates a Net Present Value discounted at 8% ('NPV8') of A$409M, an Internal Rate of Return (IRR) of 31.8%, and a payback period of just 3.2 years. The project is expected to generate a Life of Mine ('LOM') cash flow of A$776.6M over 10 years of mining, with low pre-production CAPEX of A$376.9M and a globally competitive all-in sustaining cost ('AISC') of US$4.68/lb.

Executive Commentary on Scoping Study Results

Daniel Tuffin, Managing Director and CEO, expressed extreme satisfaction with the Scoping Study outcomes, highlighting the project's economic robustness and its environmentally friendly bio-heap leaching strategy. He emphasized the scalability of the Coglia project and the substantial opportunities for future expansion and enhancement. Tuffin also expressed confidence in the project's potential to play a significant role in Australia's battery-powered future.

Summary of Scoping Study Results

The Scoping Study at Panther Metals' Coglia Nickel-Cobalt Project has delivered exceptional results, indicating a promising future for the project. The study demonstrates strong economic viability, with a 10-year LOM cash flow of A$776.6M and a low pre-production CAPEX of A$376.9M. The environmentally friendly bio-heap leaching strategy eliminates the need for a capital-intensive on-site acid plant, minimizing upfront costs. The study also highlights substantial opportunities for future expansion and enhancement, positioning the project as a significant player in Australia's battery-powered future.