Panther Metals (LSE: PALM) is advancing the Winston tailings project in Ontario, where historic zinc-focused processing left behind potential value in precious and critical metals. The Winston mine operated from 1988 to 1999 and was once considered one of the highest-grade zinc operations in North America, but gold and silver were largely overlooked when prices were far lower.

Speaking with Kitco Mining at PDAC 2026, CEO Darren Hazelwood said early sampling from the polymetallic tailings has already confirmed encouraging grades. “We ended up with grades of up to 0.82 grams a ton gold, over 13 grams a ton silver,” Hazelwood said. The samples came from the upper layer of a tailings pond that extends more than 18 meters deep in places and also contains gallium and indium.

Panther is now carrying out additional work aimed at delivering a maiden mineral resource estimate in the coming months. “The catalyst for us is definitely going to be the MRE on Winston,” Hazelwood said.

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To learn more about Panther Metals, visit:
https://panthermetals.com/

00:38 - Winston Tailings Project Backstory and Historic Zinc Mine
02:33 - Tailings Sampling Results and Winston MRE Plan
04:06 - CEO Background and Mining Market Cycles
06:27 - Why Panther Listed on the LSE Main Market
07:39 - Canada Dual Listing Plans and Obonga Greenstone Belt
09:54 - Winston Resource Potential and Extract Technology
11:45 - 2026 Catalysts and Winston Work Program
12:53 - Path to Production and Existing Infrastructure
14:05 - Offtake Interest and Funding with Traxys
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Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Gold, Silver, and Gallium Found in Ontario Tailings | Darren Hazelwood

Kitco MINING

Gold, Silver, and Gallium Found in Ontario Tailings | Darren Hazelwood