Panther Metals (ASX:PNT) hits paydirt at Burtville East, eyes resource growth
July 9, 2025With gold prices staying buoyant and investors hungry for near term development stories, Panther Metals (ASX:PNT) is positioning itself as a name to watch in Western Australia’s historic Laverton gold fields.
The junior explorer has delivered another round of head turning high-grade gold results from its Burtville East Gold Project, with the latest drilling campaign continuing to build the case for a maiden Mineral Resource estimate and, potentially, a path toward early stage production.
Among the standout hits from the 2025 campaign:
- 6m at 11.99g/t gold from 28m, including 3m at 22.35g/t (hole 25BEP02)
- 11m at 7.72g/t gold from 27m, including 5m at 15.58g/t and 1m at 35.9g/t (hole 25BERC17)
- 6m at 4.14g/t gold from 61m (hole 25BERC02)
These fresh results add to an already impressive pipeline of historical high-grade and bonanza intercepts, such as 15m at 53.94g/t gold including 1m at an eye watering 478g/t gold, demonstrating that Burtville East is no run of the mill greenfields project.
“We’re very pleased to report more strong gold hits from our recent drilling at Burtville East,” says Panther Metals Managing Director and CEO Daniel Tuffin. “These latest results continue to build a compelling high-grade story at Burtville East. We’re now updating our geological model, with the aim of defining a maiden Mineral Resource estimate that could support a Scoping Study down the track. It’s another exciting step forward for the project”
A point of difference for Panther is the presence of near surface high grades and existing mineralised stockpiles, both critical ingredients for low capital, small scale mining options while larger development pathways are pursued.
Historical grab samples from the stockpiles have returned up to 38.45g/t gold, providing potential for early cash flow scenarios.
The company’s decision to include metallurgical and mineralogical drilling as part of the recent campaign signals a level of forward thinking often absent at this stage of exploration.
Tuffin says the work “tested near surface voids to evaluate safe, small-scale, near-surface mining potential” while also generating material for test work that could underpin future mining studies.
The Laverton region itself is no stranger to gold discoveries, hosting several multimillion ounce deposits and an active mining landscape.
Panther’s Burtville East sits in a fertile yet underexplored patch on the doorstep of this prolific district.
Of course, the path from exploration to production is never linear, particularly for juniors navigating volatile markets and constrained exploration budgets.
But with high grades in the ground, proximity to existing infrastructure, and management with a clear development mindset, Panther Metals has plenty of levers to pull.
The next key step will be the delivery of a maiden Mineral Resource estimate, a milestone that could move the dial for investors and set the scene for early development discussions.
With the gold price providing a favourable tailwind, Panther’s timing may prove fortuitous.
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