Pantera nears completion of Rakanco satellite study

Executive Summary

• Pantera Silver reports that its satellite multispectral geology survey at the Rakanco silver project in Bolivia is ~80 % complete, confirming extensive alteration consistent with large‑scale epithermal systems.
• The company will follow the satellite work with drone‑based magnetic surveys to refine high‑priority drill targets and advance the project toward drill readiness.
• The update outlines key objectives of the survey (alteration mapping, structural identification, new target generation) and provides contextual information on the 17,975‑ha Rakanco concession and nearby mineral resources.

Key Details

• Satellite spectral study is about 80 % complete; data acquisition and preliminary image processing are finished, with final analysis underway.
• Early interpretation shows extensive alteration profiles indicative of large‑scale epithermal systems across the project area.
• Survey objectives:
• Identify hydrothermal alteration zones linked to potential silver/base‑metal mineralization.
• Map structural features (faults, lineaments, lithological boundaries) influencing mineral emplacement.
• Generate new high‑priority exploration targets beyond historic veins (e.g., La Riviera).
• Prioritize areas for follow‑up work and downgrade low‑potential zones to conserve resources.
• Upon survey completion, Pantera will conduct drone‑based magnetometer surveys over identified high‑priority targets, integrating results with field observations to define drill targets.
• Project scope: 17,975 ha across three concessions (Fahed, Rakan, Nada) in the Mejillones and Sabaya provinces, Oruro department, Bolivia.
• Nearby resource context: Adjacent Carangas deposit (New Pacific Metals) with a reported 214.9 Mt containing 205.3 Moz Ag, 1,588.2 Koz Au, and other base metals (totaling ~559.8 Moz AgEq).

Notable Quotes

• “This satellite survey is a foundational precursor to ground‑based exploration at Rakanco… the results of this primary targeting initiative will allow us to prioritize areas with the highest potential for new discoveries…” – Jay Roberge, CEO/President.