Octava Minerals Limited announced that step out drilling at Panton by Future Metals NL on ground that adjoins the FME /Octava joint venture has returned high grade PGM mineralisation beyond the existing 6.9Moz PdEq FME Minerals Resource Estimate. Deep drilling by Future Metals 1 at Panton, which adjoins the FME/Octava Joint venture has returned high grade PGM mineralisation that extends well beyond the current 6.9moz PdEq2 FME mineral resource estimate. These results support the Future Metals interpretation, that the previously identified embayment feature (BC1)3 on the NW margin is a high priority target.

Drilling is planned for second quarter-23 to test the BC1 target, Panton West & North Prospects and Copernicus North, under the Exploration Joint Venture Farm-In with Octava.