Phase 2 work widens multiple mineralised trends across Gillham
Pantera Minerals has sharpened its drill plans at the 100%-owned Gillham Project in southwest Arkansas after Phase 2 exploration returned high-grade antimony, silver and base metal assays across several prospects. Next, the company will rank targets, design a drill programme and prepare maiden drilling on priority antimony and polymetallic zones.
At Stewart North, sample GR058 returned 19.2% antimony, 12.25 g/t silver and 1.1% lead. Meanwhile, sample GR055 at the Stewart Prospect delivered 63.8 g/t silver, 7.55% antimony, 8.6% zinc and 7.44% lead.
Elsewhere, sample GR063 from Antimony Bluff assayed 15% antimony. At the May Prospect, sample GR072 returned 9.3% antimony, while sample GR069 graded 4.9% antimony.
Those May assays are the first modern rock chip results reported from that prospect. As a result, Pantera has upgraded May to a high-priority drill target alongside the Stewart and Davis prospects.
Phase 2 work also expanded the known footprint of mineralisation across Gillham. Stewart now extends about 400 metres, while May stretches about 500 metres within a broader 2-kilometre mineralised trend.
Together, those anomalies support the potential for a district-scale antimony, silver and polymetallic system. In addition, the programme refined several trends, confirmed links between surface geochemistry and historical workings, and generated multiple drill targets.
Gillham covers about 5,000 acres across the Gillham East and Gillham West areas. More than 18 historical antimony and silver workings sit across the project, yet none has been tested by modern drilling.
Maiden drilling plans take shape
Pantera said Gillham remains a high-priority US critical minerals project as it moves from surface sampling to drilling. Since the district hosts historical production but no modern drilling, the first campaign could test several targets for the first time.
Pantera Minerals Limited trades on the ASX under PFE and on the OTCQB under PTMLF. Executive chairman and chief executive Barnaby Egerton-Warburton said, “Phase 2 exploration has further strengthened our confidence in the Gillham Project, with expanded antimony, silver, and base metal anomalism confirming the scale and continuity of multiple mineralised systems across the project area.”
