Panoro Minerals cites US$28 million funding haul as key driver in June 30, 2026 quarter MD&A
Reuters2026/08/26 23:25- Panoro’s June 30, 2026 period centered on funding its expanded Cotabambas drill campaign and related technical work.
- Gross proceeds since December 2025 totaled USD 28 million, including USD 15.33 million equity financing in May.
- Cash inflows also included USD 5.29 million from the Third Antilla Payment and USD 2 million from selling 50% of its 2% NSR.
- Cotabambas drilling expanded to 45,000 meters from 15,000 meters, targeting higher-grade growth across the North and South pits.
- Early drilling results highlighted 487 meters at 0.36% Cu, 0.34 g/t Au, 2.56 g/t Ag from 350 meters in hole CB-228.
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