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Panoro Minerals receives US$5.2M payment to fund expanded drilling at Cotabambas copper project.

Company Fundamentals
22 Jun 2026
Newsfile Corp
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Bullish
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Panoro Minerals has received a third payment of US$5.2 million under a share purchase agreement, providing additional capital for its expanded drilling and exploration program at the Cotabambas copper, gold, and silver project in Peru. The company plans to drill 45,000 meters to grow and upgrade higher-grade mineral zones. Further contingent payments up to US$37.8 million are possible based on future feasibility study results. Additionally, Panoro is advancing the registration of a royalty option exercise by TABB Partners, which will bring in another US$2.0 million upon completion expected by July.

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