# PNT: Panther Metals Board Renewal Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03147585 Publisher: asx Original announcement: 2026-10-01T22:40:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-01T23:06:46.195Z Atlas analysis updated: 2026-10-01T23:06:46.195Z - Company: Panther Metals Ltd - Ticker: PNT - Exchange: ASX - Region: Western Australia - Primary commodity: Gold - Secondary commodities: Nickel, Cobalt - Document categories: Other, Resource update - Extracted: 2026-10-01 23:06:47 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Panther Metals has announced a board renewal, including the appointment of geologist Richard Maddocks as a Non-Executive Director. The announcement also includes updated Mineral Resource Estimate tables for the Burtville East Gold Project and Coglia Nickel-Cobalt Project to correct prior totalling errors. Reasoning: The primary event is a corporate board renewal, supplemented by a technical correction/restatement of existing mineral resource tables for Burtville East and Coglia. - Positive factor: Board renewal adds technical expertise with new Non-Executive Director Richard Maddocks - Positive factor: Resource tables updated to correct prior totalling errors - Negative factor: Resource data is a restatement of prior estimates to correct totalling errors Facts used in scoring: 10 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides updated Mineral Resource Estimate tables for Burtville East and Coglia to correct prior totalling errors. Evidence · text > Table updated to correct prior totalling errors and provide additional cut-offs. ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Resource Estimates (10) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-0) Burtville East Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Burtville East Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:71c34e9d0a567493a312 #### Resource Data - Category: indicated - Tonnes: 53100 - Grade: 4.03 - Grade Unit: g/t - Contained Metal: 6900 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-10-02T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of indicated resource to correct totalling errors. Evidence · table > 4.03g/t Context: 53,100 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-1) Burtville East Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Burtville East Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:542cca1922b0334172e0 #### Resource Data - Category: indicated - Tonnes: 40900 - Grade: 4.94 - Grade Unit: g/t - Contained Metal: 6500 - Contained Unit: oz - Cutoff Grade: 1.5 - Cutoff Unit: g/t Au #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-10-02T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of indicated resource to correct totalling errors. Evidence · table > 4.94g/t Context: 40,900 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-2) Burtville East Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Burtville East Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:6fae5df6e027ce63ac56 #### Resource Data - Category: inferred - Tonnes: 57800 - Grade: 1.66 - Grade Unit: g/t - Contained Metal: 3100 - Contained Unit: oz - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-10-02T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of inferred resource to correct totalling errors. Evidence · table > 1.66g/t Context: 57,800 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-3) Burtville East Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Burtville East Gold Project - Commodity: gold - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:fba39e54f4ee5a981b3e #### Resource Data - Category: inferred - Tonnes: 21400 - Grade: 3.01 - Grade Unit: g/t - Contained Metal: 2100 - Contained Unit: oz - Cutoff Grade: 1.5 - Cutoff Unit: g/t Au #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-10-02T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of inferred resource to correct totalling errors. Evidence · table > 3.01g/t Context: 21,400 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-4) Coglia · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Coglia - Commodity: nickel - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:faa1313e7cd0ac6854ba - Deposit or zone: Laterite - Material type: laterite #### Resource Data - Category: indicated - Tonnes: 23316600 - Grade: 0.61 - Grade Unit: % - Contained Metal: 142800 - Contained Unit: t - Cutoff Grade: 0.4 - Cutoff Unit: % Ni #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-03-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of indicated resource for Coglia project. Evidence · table > 0.61 Context: 23,316,600 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.6 years before this release ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-5) Coglia · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: Coglia - Commodity: cobalt - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:faa1313e7cd0ac6854ba - Deposit or zone: Laterite - Material type: laterite #### Resource Data - Category: indicated - Tonnes: 23316600 - Grade: 360 - Grade Unit: ppm - Cutoff Grade: 0.4 - Cutoff Unit: % Ni #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-03-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of indicated resource for Coglia project. Evidence · table > 360 Context: 23,316,600 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.6 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-6) Coglia · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Coglia - Commodity: nickel - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:f64283dd467ee47b95c2 - Deposit or zone: Laterite - Material type: laterite #### Resource Data - Category: inferred - Tonnes: 8787500 - Grade: 0.52 - Grade Unit: % - Contained Metal: 45900 - Contained Unit: t - Cutoff Grade: 0.4 - Cutoff Unit: % Ni #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-03-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of inferred resource for Coglia project. Evidence · table > 0.52 Context: 8,787,500 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.6 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-7) Coglia · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: Coglia - Commodity: cobalt - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:f64283dd467ee47b95c2 - Deposit or zone: Laterite - Material type: laterite #### Resource Data - Category: inferred - Tonnes: 8787500 - Grade: 340 - Grade Unit: ppm - Cutoff Grade: 0.4 - Cutoff Unit: % Ni #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-03-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of inferred resource for Coglia project. Evidence · table > 340 Context: 8,787,500 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.6 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-8) Coglia · nickel Historical result Needs review: historical\_restatement #### Identity - Project: Coglia - Commodity: nickel - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:484d0b3a609d95426443 - Deposit or zone: Ultramafic - Material type: ultramafic #### Resource Data - Category: inferred - Tonnes: 70782200 - Grade: 0.6 - Grade Unit: % - Contained Metal: 425500 - Contained Unit: t - Cutoff Grade: 0.45 - Cutoff Unit: % Ni #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-03-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of inferred resource for Coglia project. Evidence · table > 0.60 Context: 70,782,200 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.6 years before this release ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/pnt-panther-metals-board-renewal--472c4a65-3f89-4196-9083-76e2d1559474#fact-resource-facts-9) Coglia · cobalt Historical result Needs review: historical\_restatement #### Identity - Project: Coglia - Commodity: cobalt - Region: australia\_wa - Reported Region: Western Australia - Ticker: PNT #### Resource scope - Estimate type: resource - Resource group id: resource:484d0b3a609d95426443 - Deposit or zone: Ultramafic - Material type: ultramafic #### Resource Data - Category: inferred - Tonnes: 70782200 - Grade: 370 - Grade Unit: ppm - Cutoff Grade: 0.45 - Cutoff Unit: % Ni #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-03-05T00:00:00.000Z #### Dates - Event date: 2026-10-01T00:00:00.000Z Reasoning: Restatement of inferred resource for Coglia project. Evidence · table > 370 Context: 70,782,200 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.6 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.