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Panoro Minerals Ltd. announces Column Leaching Test Results for Antilla Copper Project, Peru

ID: 1539524
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(PresseBox) - ? Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) (?Panoro?, the ?Company? - Panoro is pleased to announce results of column leach testing of the supergene secondary sulphides at the 100% owned Antilla Copper Project.

The column leach testing indicates that copper extractions of up to 77% are potentially achievable from the secondary sulphides.e to use for PEA level studies.

?We are pleased that the column leach tests indicate the potential for recoveries higher than estimated by the bottle roll tests included in the PEA estimate. studies, permitting and development, ?stated Luquman Shaheen, President & CEO of Panoro Minerals.

The Antilla Project process included in the 2018 PEA is based on leaching secondary sulphides. This led to a column leach program, together with associated mineralogical and bottle roll leach testwork, being implemented during March 2018 at Aminpro Laboratories, an ISO 9001 and 14001 Laboratory based in Lima, Peru. All works were designed and supervised by Andrew Carter, General Manager of Mining and Minerals of Tetra Tech Inc., UK Office.

About Panoro

Panoro Minerals is a uniquely positioned Peru focused copper exploration and development company.

Since 2007, the Company has completed over 80,000 meters of exploration drilling at these two key projects leading to substantial increases in the mineral resource base for each, as summarized in the table below (PDF).


Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ materially from those expressed or implied by the forward-looking statements, including, without limitation:

risks relating to metal price fluctuations;

risks relating to estimates of mineral resources, production, capital and operating costs, decommissioning or reclamation expenses, proving to be inaccurate;

the inherent operational risks associated with mining and mineral exploration, development, mine construction and operating activities, many of which are beyond Panoro?s control;

risks relating to Panoro?s ability to enforce Panoro?s legal rights under permits or licenses or risk that Panoro?s will become subject to litigation or arbitration that has an adverse outcome;

risks relating to Panoro?s projects being in Peru, including political, economic and regulatory instability;

risks relating to the uncertainty of applications to obtain, extend or renew licenses and permits;

risks relating to potential challenges to Panoro?s right to explore and/or develop its projects;

risks relating to mineral resource estimates being based on interpretations and assumptions which may result in less mineral production under actual circumstances;

risks relating to Panoro?s operations being subject to environmental and remediation requirements, which may increase the cost of doing business and restrict Panoro?s operations;

risks relating to being adversely affected by environmental, safety and regulatory risks, including increased regulatory burdens or delays and changes of law;

risks relating to inadequate insurance or inability to obtain insurance;

risks relating to the fact that Panoro?s properties are not yet in commercial production;

risks relating to fluctuations in foreign currency exchange rates, interest rates and tax rates; and

risks relating to Panoro?s ability to raise funding to continue its exploration, development and mining activities.

This list is not exhaustive of the factors that may affect the forward-looking information and statements contained in this news release.ith applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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published by: PresseBox
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Date: 08/08/2018 - 07:25
Language: English
News-ID 1539524
Character count: 2538
Firma: Swiss Resource Capital AG
Ansprechpartner: Feedback to about Pressrelease-id:
Stadt: Vancouver, B.C.


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