Future Metals NL (ASX: FME | AIM:FME) is an Australian based exploration Company focused on advancing its Panton PGM Project in the eastern Kimberley region of Western Australia.
The 100% owned Panton PGM project is located 60 kilometres north of the town of Halls Creek in the east Kimberley region of Western Australia, a tier one mining jurisdiction.
The Project is located on three granted mining licences and situated just 1 kilometre off the Great North Highway which accesses the Port of Wyndham.
In October 2023, Future Metals announced a substantial upgrade of its Mineral Resource (MRE) with improvements in grade, JORC classification and the inclusion of a chromite estimate. The total MRE at the Panton PGM-Ni-Cr Project is now 92.9Mt @ 1.5g/t PGM3E, 0.20% Ni, 3.1% Cr203 (2.0g/t PdEq) for contained metal of 4.5Moz PGM3E, 185kt Ni, 2.8Mt Cr203, (6.0Moz PdEq). The MRE has been reported across three separate units; the Reef, the High-Grade Dunite and the Bulk Dunite (refer ASX|AIM announcement dated 26 October 2023). PGM-Ni mineralisation occurs within a layered, differentiated mafic-ultramafic intrusion referred to as the Panton intrusive which is a 12km long and 3km wide, south-west plunging synclinal intrusion. PGM mineralisation is hosted within a series of stratiform chromite reefs as well as a surrounding zone of mineralised dunite within the ultramafic package.