Key facts
| Company | Panoro Minerals Ltd. (TSXV: PML) |
|---|---|
| Location | Peru |
| Stage | Early exploration |
News releases23 on file
Target #7 Geophysical Results Demonstrate Potential Scale of High-grade Skarn Mineralization at the Cotabambas Copper/Gold/Silver Project, Peru
Panoro Minerals reported geophysical survey results at Target #7, about 3.5 km west of the proposed North and South pits at its Cotabambas copper/gold/silver project in Peru. The signatures indicate the S2 skarn may extend vertically to depths exceeding 500 m, with width increasing from 50 m at surface to over 200 m at depth. A 17-hole drilling program of 300 m to 400 m is planned across three ska
Drill resultsPanoro Signs Long-Term Access Agreement for Cotabambas Project
A five-year access agreement (Convenio) has been signed with the community of Cochapata at the Cotabambas copper-gold-silver project in Apurimac, Peru, granting surface rights across the Community's lands and including commitments to education, local employment, infrastructure, support for seniors and acquisition of land near Cusco, about 120 km from Cochapata. The agreement enables roughly 10,000
CorporatePanoro Signs Cooperation Agreement with the Municipality of Cotabambas for the Cotabambas Copper/Gold/Silver Project, Peru
A cooperation agreement has been signed with the Municipality of Cotabambas covering the Cotabambas copper/gold/silver project in Peru's Apurimac region, with municipality-led initiatives focused on upgrading local roads and access routes across the eight neighborhoods of the municipality. Similar agreements were signed with earlier municipal administrations. Panoro also took part in the Independe
CorporateSouth Pit Drilling Continues to Intersect High-Grade Mineralization, Cotabambas Project, Peru
Assay results from drillholes CB-229 and CB-230 at the Cotabambas copper-gold-silver project in Peru's Apurimac region returned 303.30 m grading 0.14% Cu, 0.13 g/t Au, 1.30 g/t Ag and 0.0020% Mo (0.29% CuEq) from 349.90 m in CB-229, including 69.90 m at 0.52% CuEq, and 808.15 m grading 0.22% Cu, 0.10 g/t Au, 1.53 g/t Ag and 0.0037% Mo from 296.35 m in CB-230, including 48.10 m at 0.76% CuEq. Endo-
Drill resultsPanoro Minerals Ltd. Announces Receipt of US$2.0 Million Payment from the Sale of Non-Core Asset
TABB Partners LLC has paid Panoro Minerals US$2.0 million under the option agreement dated March 4, 2024, as amended, related to the sale of a non-core royalty interest. TABB retains the sole and exclusive right to acquire the remaining 1% of the 2% NSR on or before January 19, 2027. Panoro's focus remains its 100%-owned Cotabambas copper-gold-silver project in the Apurimac region of southern Peru
AcquisitionCotabambas Project — Growth in Exploration Activities
A second drill rig has arrived and begun drilling at the South Pit of the 100%-owned Cotabambas copper-gold-silver project in Apurimac, Peru, as part of an expanded 45,000 m program announced in June 2026, with hole CB-231 testing continuity 270 m below CB-228's 317.6 m at 1.04% CuEq. Two more rigs arrive over the summer, for five by end of Q3. Ground geophysics has started at Target #7, a TITAN d
Drill resultsPanoro Minerals Ltd. Announces Receipt of US$5.2 Million Payment from the Sale of Non-Core Asset
A third payment of US$5.2 million (C$7.0 million) has been received under the October 21, 2021 share purchase agreement, as amended, and will fund expanded drilling, exploration, permitting and engineering at the Cotabambas copper-gold-silver project in Apurimac, Peru, alongside a recently completed C$21.0 million LIFE offering. The drill program totals 45,000 m across 165 km² of property. Panoro
AcquisitionPanoro Minerals Completes Agreement with Community of Guaclle at the Cotabambas Cu/Au/Ag Project, Peru
A surface access agreement has been completed with the Community of Guaclle at the 100%-owned Cotabambas copper/gold/silver project in Apurimac, Peru, the tenth community agreement at the project. It allows exploration at Target #7, where high-grade skarn outcrops have been sampled over a 4 km² area; Target #7 is one of 19 targets across the 165 km² property, with surface grades up to 19% Cu. Plan
CorporatePanoro Minerals Intersects 317.6 m of 1.04% CuEq at Cotabambas Project, Peru
Drillhole CB-228, the first hole of the Phase 1 expansion program at the South Pit of the Cotabambas copper-gold-silver project in Peru's Apurimac region, returned 317.6 m at 1.04% CuEq (0.46% Cu, 0.45 g/t Au, 3.19 g/t Ag) from 404.10 m, including 162.0 m at 1.54% CuEq and 66.1 m at 1.92% CuEq, within 487.4 m at 0.80% CuEq. Mineralization is continuous from surface to over 850 m depth and extended
Drill resultsPanoro Minerals Ltd. Announces Closing of Upsized Brokered LIFE Offering for Gross Proceeds of C$21,000,000
An upsized brokered LIFE private placement closed for gross proceeds of approximately C$21,000,000 through the sale of 22,105,263 common shares at C$0.95 per share, with Clarus Securities Inc. as lead agent and sole bookrunner. Agents received a cash commission of approximately $1,260,000 (6.0%) and 1,326,315 compensation options exercisable at C$1.00 until May 13, 2027. Net proceeds are intended
FinancingPanoro Announces Upsized $21MM Financing
A previously announced C$20,000,000 best efforts private placement has been upsized to approximately C$21,000,000, comprising up to 22,105,263 common shares at C$0.95 per share, with Clarus Securities as lead agent and sole bookrunner alongside Red Cloud Securities, Agentis Capital Markets and Raymond James. Net proceeds are for exploration and development at the Cotabambas copper-gold-silver proj
FinancingPanoro Announces Brokered LIFE Offering for Gross Proceeds of up to $20 Million
A marketed best efforts private placement under the listed issuer financing exemption will offer up to 21,052,632 common shares at C$0.95 each for gross proceeds of up to approximately C$20,000,000, with Clarus Securities Inc. as lead agent and sole bookrunner alongside Red Cloud Securities, Agentis Capital Markets and Raymond James. Agents receive a 6.0% cash commission and compensation options e
FinancingPanoro Announces Mobilization and Start of 2026 Drill Program at Cotabambas Project
Drilling has mobilized and started on a fully funded 2026 program at the 100%-owned Cotabambas copper-gold-silver project in Apurimac, Peru, comprising 15,000 metres of diamond drilling. The program begins with 5,000 metres of step-out drilling at the South Pit, followed by 5,000 metres of infill drilling at the North Pit to upgrade high-grade material to Measured category, and 5,000 metres of exp
Drill resultsPanoro Minerals Defines High-Grade Strategy for Cotabambas Project
A high-grade development strategy for the Cotabambas copper-gold-silver project in Peru includes a 2026 program of 15,000 m of drilling, split into 5,000 m of infill drilling at the North Pit, 5,000 m of step-out drilling at the South Pit, and 5,000 m of exploration drilling at the Tamburo and Chaupec targets. The current high-grade component totals 129.0 Mt at 1.29% CuEq indicated and 93.1 Mt at
CorporatePanoro Announces Funded 2026 Drilling Program for Cotabambas Project
A 15,000-metre drilling program is planned at the Cotabambas copper-gold-silver project in Peru, comprising infill drilling at the North Pit to upgrade inferred material to indicated, step-out drilling south of the South Pit, and exploration drilling at two of 17 satellite targets. Since December 2025, including a recently closed non-brokered private placement, Panoro has received or expects appro
Drill resultsPanoro Announces Closing of Non-Brokered Private Placement
A C$4.0 million non-brokered private placement has closed, with 10,000,000 units issued at $0.40 per unit for gross proceeds of $4,000,000; each unit includes one common share and one warrant exercisable at $0.60 for 36 months. Participants included new cornerstone institutional investors Konwave AG and funds managed by Delbrook Capital Advisors, with no related-party participation. Proceeds are e
FinancingPanoro Announces Fully Subscribed Non-Brokered Private Placement to Raise up to C$4,000,000
A fully subscribed non-brokered private placement of up to 10,000,000 units at C$0.40 per unit for gross proceeds of up to C$4,000,000 was announced, with each unit comprising one common share and one warrant exercisable at $0.60 for 36 months following closing. Proceeds are intended for infill drilling, metallurgical testing, updating the preliminary economic assessment, pre-feasibility engineeri
FinancingPanoro Minerals Ltd. Announces Closing of First Tranche of Brokered LIFE Offering for Gross Proceeds of C$2.9 Million
The first tranche of a brokered LIFE private placement closed for gross proceeds of C$2,918,200 from 7,295,500 units at C$0.40 per unit, each unit comprising one common share and one warrant exercisable at C$0.60 until November 21, 2028. Red Cloud Securities is lead agent and bookrunner with Cormark Securities as co-agent, receiving a 6.0% cash commission and broker warrants. Proceeds will fund in
FinancingPanoro Minerals Ltd. Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 Million
A brokered best-efforts LIFE private placement of up to 12,500,000 units at C$0.40 per unit for gross proceeds of up to C$5,000,000 has been agreed with Red Cloud Securities Inc. as lead agent and sole bookrunner, with each unit comprising one common share and one warrant exercisable at C$0.60 for 36 months. Agents hold an option for up to 2,500,000 additional units for up to C$1,000,000. Closing
FinancingPanoro Minerals Ltd. Announces Brokered LIFE Offering for Gross Proceeds of up to C$10 Million
A brokered "best efforts" private placement of up to 20,000,000 units at C$0.50 per unit for gross proceeds of up to C$10,000,000 has been agreed with Cantor Fitzgerald Canada Corporation as lead agent and sole bookrunner. Each unit includes one common share and one-half warrant exercisable at C$0.70 for 36 months; an agents' option for an additional 15% of units could add up to C$1,500,000. Proce
FinancingPanoro Minerals Extends and Expands Exploration Permit, Cotabambas Project, Peru
Peru's Ministry of Energy and Mines has approved the semi-detailed Environmental Impact Assessment (EIAsd) for the Cotabambas copper/gold/silver project in southern Peru, increasing permitted drilling platforms to 299 (up 50%), expanding the permitted area to 6,588 hectares (up 114%) and extending the drilling permit to 2030. The permit allows infill and step-out drilling at the North and South Pi
CorporatePanoro Minerals Files NI 43-101 Technical Report for the Updated Mineral Resource Estimate, Cotabambas Project, Peru
An NI 43-101 technical report supporting the updated mineral resource estimate for the 100%-owned Cotabambas project in Peru has been filed, authored by AGP Mining Consultants Inc., with results previously announced January 15, 2024. At a 0.15% CuEq cut-off, indicated resources are 507.3 million tonnes at 0.34% Cu, 0.20 g/t Au, 2.42 g/t Ag and 0.0021% Mo (0.43% CuEq), and inferred 496.0 million to
Resource updatePanoro Minerals Grows Resource, Adds High Grade, Reduces Waste:Ore Ratio and Increases Precious Metals at the Cotabambas Copper Project, Peru
An updated mineral resource estimate for the 100%-owned Cotabambas copper-gold-silver project in southern Peru, prepared by AGP Mining Consultants with an effective date of November 20, 2023, reports 507.3 million tonnes indicated at 0.34% Cu, 0.20 g/t Au, 2.42 g/t Ag, 0.0021% Mo (0.43% CuEq) and 496.0 million tonnes inferred at 0.27% Cu, 0.17 g/t Au, 2.53 g/t Ag, 0.0027% Mo (0.36% CuEq), at a 0.1
Resource update