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Pantera Minerals lifts Gillham antimony targets after high-grade Arkansas assays

18 hours ago
By AI, Created 04:13 UTC, Jun 29, 2026, AGP -

Pantera Minerals reported new rock-chip and soil results from its Gillham Project in southwest Arkansas, including antimony grades up to 19.2% and silver up to 63.8 g/t. The results sharpen drill targets at Stewart, May and Davis as the company moves toward maiden drilling at the U.S. critical minerals site.

Why it matters: - Gillham is advancing as a U.S. critical minerals target with high-grade antimony, silver, lead and zinc showing up across multiple prospects. - The latest assays increase the case for a district-scale polymetallic system and help Pantera Minerals narrow where to drill first. - Antimony is a strategic mineral with U.S. supply-chain relevance, so new high-grade results can matter for project value and partner interest.

What happened: - Pantera Minerals Limited released further assay results from Phase 2 exploration at the 100%-owned Gillham Project in southwest Arkansas. - Rock-chip sampling returned 19.2% antimony, 12.25 g/t silver and 1.1% lead from sample GR058 at Stewart North. - Sample GR055 at the Stewart Prospect returned 63.8 g/t silver, 7.55% antimony, 8.6% zinc and 7.44% lead. - Sample GR063 at Antimony Bluff returned 15% antimony. - Sample GR072 at the May Prospect returned 9.3% antimony. - Sample GR069 at the May Prospect returned 4.92% antimony. - Pantera said the Phase 2 program refined multiple drill targets ahead of a maiden drilling campaign.

The details: - The Stewart and May prospects each returned new high-grade samples from coherent antimony anomalies extending about 400 metres and 500 metres, respectively. - Those anomalies sit within a broader two-kilometre trend, supporting the possibility of a district-scale antimony, silver and polymetallic system. - The Gillham Project covers about 5,000 acres across the Gillham East and West project areas. - The district includes more than 18 historical antimony and silver workings. - The project has not previously been tested by modern drilling. - Historical records indicate the Stewart Mine produced about 1,000 tonnes of stibnite from small-scale surface workings. - The first modern rock-chip assays from the May Prospect validated recent soil anomalies and upgraded May to a high-priority drill target. - Follow-up field mapping and sampling at Antimony Bluff refined the geological interpretation, extended the known mineralised area and identified additional structural controls on mineralised quartz veins. - Infill soil sampling at the Andrews Gold Prospect and Antimony Bluff included 75 soil samples to better define geometry, continuity and scale in under-sampled areas.

Between the lines: - The strongest results are not isolated hits. The combination of soil anomalies, rock-chip grades and historical workings suggests continuity across the project area. - Pantera is shifting from broad prospecting to target ranking, which usually signals a project moving closer to a drilling decision. - Executive Chairman and CEO Barnaby Egerton-Warburton said the work has strengthened confidence in the scale and continuity of mineralised systems and pointed to maiden drilling as a potential value catalyst.

What's next: - Pantera will finalize target ranking and drill program design at Gillham. - Maiden drilling is planned for priority antimony and polymetallic targets at the Davis, Stewart and May prospects. - The company will continue assessing additional U.S.-based critical minerals opportunities that fit its strategy. - Pantera also said the higher-priority focus is now on the Davis, Stewart and May prospects as it advances toward drilling.

The bottom line: - Gillham is emerging as Pantera Minerals’ leading U.S. critical minerals asset, with new assays pushing antimony-rich targets toward the drill stage.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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