Panther Metals Obtains Extension for Obonga Project Deal

05:23 AM EDT, 09/14/2026 (MT Newswires) -- Panther Metals (PALM.L) secured a further extension to its sale and purchase agreement for the Obonga project in Ontario, Canada, following preliminary findings at the Wishbone volcanogenic-hosted massive sulphide prospect. Portable X-ray fluorescence readings from the phase 1 diamond drilling program confirmed the visual identification of copper minerals grading 8.34% copper, in addition to previously reported zinc mineralization, according to a Monday release. The minerals-focused exploration company said the extension is intended to facilitate drill permit renewals for future infill drilling based on the expected results of the ongoing drilling program, which is due to continue with step-out drilling into 2027.