Pantera Minerals Secures E28/3634 to Expand Corona Gold Project to ~731km² on Yellow Dam Corridor

Aditi Sarkar

10 November 2026 12:56 PM AEDT

Pantera Minerals Secures E28/3634 to Expand Corona Gold Project to ~731km² on Yellow Dam Corridor

Image Source: Krish Capital Pty Ltd

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Pantera Minerals Limited (ASX:PFE) has secured exploration licence E28/3634, covering approximately 236km² immediately north-east of the existing Corona Gold Project in the Albany Fraser Orogen, Western Australia, expanding the company's consolidated Corona landholding to approximately 731km² across two granted and one application tenements.

Key Points

New exploration licence E28/3634 covers approximately 236km² (76 blocks) and is contiguous with the existing Corona tenements E28/3556 and E28/3555
The new tenement lies along the Yellow Dam Shear Zone / Cundeelee Fault corridor and sits approximately 10 to 25km north of BPM Minerals' Bonnie & Clyde and Beachcomber prospects
Pantera's total Corona landholding now spans approximately 731km² across E28/3555, E28/3556 and E28/3634
The company is fully funded for its first-year Corona program with $1.7 million cash at 30 September 2026 and a further $2 million receivable from EnergyX in April 2027
UFF soil sampling is being planned across the enlarged Corona position, with target timing of Q1 2027 for sampling and Q2 2027 for first drilling, subject to heritage clearances and approvals

New Tenement E28/3634 Details

E28/3634 covers approximately 236km² and is situated immediately west of E28/3556 and E28/3555, approximately 10km north of BPM Minerals' northern boundary. The tenement is currently under application. It lies within the Northern Forelands Tectonic Zone of the Albany Fraser Orogen and is transected by the north-east trending Yellow Dam Shear Zone, described as a splay of the regional Cundeelee Fault. The tenement was previously held by the AngloGold Ashanti/IGO Tropicana joint venture between 2006 and 2012 and was covered by wide-spaced auger sampling by FMG Resources in 2019–20. No RC or diamond drilling has been undertaken on the tenement.

Existing Corona Project Targets and Exploration History

The enlarged Corona Gold Project is located approximately 200km east of Kalgoorlie, accessed via the Trans Access Road. Key existing targets include an 8km-long gold-in-bedrock aircore anomaly on E28/3556, which has recorded intersections of 6m at 1.50g/t Au, 11m at 0.29g/t Au, and 2m at 0.83g/t Au to end of hole, with only one RC hole drilled in its history. E28/3555 hosts untested FMG auger anomalies peaking at 128ppb Au. Historical exploration across all three tenements focused on regolith and paleochannel gold, with no systematic RC or diamond drilling having tested bedrock gold mineralisation on any of the tenements.

Planned Exploration Program and Funding Position

Pantera has stated it will apply ultra-fine fraction soil sampling across the enlarged Corona position, targeting gold beneath 15–30m of paleochannel cover, followed by RC drilling of any identified anomalies. Heritage and access engagement with the Upurli Upurli Nguratja native title holders is under way and will be extended to the new tenement. The company is compiling and reinterpreting historical datasets across the enlarged project and designing a close-spaced UFF soil program over priority auger and aircore anomalies. Pantera disclosed it is fully funded for its first-year Corona program with $1.7 million cash at 30 September 2026 and a further $2 million receivable from EnergyX in April 2027.

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