Ann: 31 March 2022 Quarterly Market Update, page-24

just some info on some exploration next to 701 mile project

Pantera Minerals Limited (ASXFE) has identified multiple high-grade manganese targets at Weelarrana, located 70km south of Newman in West Australia’s Pilbara region.
Highlights:

• High grade mineralisation previously identified (32 to 42% Mn in rock chips) has been confirmed and the strike length of outcropping mineralisation extended from 280m to 800m.
• Two further high-grade manganese targets identified by mapping and field reconnaissance.
• 22 rock chip samples taken with 16 reporting grades ranging from 11% Mn to 43% Mn. All rock chip samples taken from outcropping in-situ material. Assays were performed using a pXRF on samples that had been crushed, pulverised and pressed into a homogonous puck. This ensures the assay is representative of the entire rock sample.
• High-grade manganese appears to be developed at the contact between the Calyie Sandstone and Ilgarari Siltstone with up to 5.0 vertical metres of manganese mineralisation observed over strike lengths of up to 800m. The Ilgarari Siltstone is the host to manganese mineralisation at the Element 25 Butcherbird deposit.
• Pantera Minerals has increased its landholding in the area from 401 km2 to 758 sq. km with three new tenement applications. All new tenement applications are prospective for high grade manganese mineralisation and are proximal to the 701 Mile Project of OM Holdings and the Hill 616 Project of Firebird Metals
• Heritage survey confirmed for late May 2022 for the first drill area
• RC drilling of Mn Area 1 expected in July 2022 with a 1500m drill programme planned.
• Drill planning and permitting underway for Mn Areas 2 and 3 – drilling expected in Q3 2022.