Key Highlights

  • Pantera Minerals shares traded up 6.67% at $0.016 during the 11 November 2026 trading session.
  • The company secured new exploration ground of about 236 square kilometres, lifting its Corona position to about 731 square kilometres.
  • The new ground sits along the same structural corridor as the Bonnie and Clyde high-grade gold discovery of a nearby company.

During the Trading session on 11 November 2026, Pantera Minerals Ltd (ASX:PFE) shares were trading at $0.016 by late morning, up 6.67%. The S&P/ASX 200 (ASX:XJO) was down about 0.06% at 9,123.90 at 12:19 pm over the same period. Pantera is a gold explorer with its Corona Gold Project in Western Australia. On 10 November 2026, the company announced it had secured new ground on the Yellow Dam corridor.

 

New Exploration Licence

On 10 November 2026, Pantera said it had secured exploration licence E28/3634, covering 76 blocks or about 236 square kilometres. The ground is contiguous with its Corona Gold Project and sits about 10 kilometres north of BPM Minerals’ Bonnie and Clyde and Beachcomber prospects. Pantera’s consolidated Corona position is now about 731 square kilometres.

 

Structural Setting

The company said the new ground lies along strike on the same Yellow Dam Shear Zone and Cundeelee Fault corridor that hosts the Bonnie and Clyde and Beachcomber prospects. The announcement noted that the nearby discoveries include an RC hole reported the previous week returning 4 metres at 20.57 grams per tonne gold and 8 metres at 9.23 grams per tonne gold.

 

Exploration Plan

Pantera plans to apply ultra-fine fraction soil sampling across the enlarged Corona position, which it said has been used effectively on adjoining ground to target gold beneath 15 to 30 metres of paleochannel cover. Any anomalies identified will then be tested by reverse circulation drilling.

 

Funding Position

The company said it is fully funded for its first-year Corona program, with $1.7 million cash at 30 September 2026. It also has a further $2 million receivable from EnergyX.

 

Sector Context

Gold exploration in the Western Australian Goldfields often focuses on structural corridors that host known discoveries. Explorers near active drilling programs can see their shares respond to discoveries made on neighbouring ground, though their own results remain to be tested.

 

Key Risks

The new ground has not yet been drilled, and its potential depends on the results of soil sampling and RC drilling. The discoveries referenced are held by another company and are not part of Pantera’s tenure. Cover of 15 to 30 metres of paleochannel can make targeting more complex, and exploration results may not match those on adjoining ground.

 

What to Watch Ahead

Investors will be looking for the results of the ultra-fine fraction soil sampling across the enlarged Corona position, the drilling of any anomalies and the company’s next Quarterly Report on activities and spending.

 

Final Word

Pantera’s trading session on 11 November 2026 followed its expansion of the Corona position along the Yellow Dam corridor. The soil sampling and drilling results will show whether the new ground hosts gold mineralisation of its own.