The Panorama Project is an area west of the Groundhog North Mining Complex in British Columbia, Canada which covers nearly 28,000 hectares and 30 coal licences. It includes the areas of Panorama North, South and West.
The Panorama North area, 15km southwest of Groundhog, covers 12 coal licences.
Figure 1: Panorama project location
Until recently, only shallow auger drilling had been completed at Panorama North.
In August 2016, Atrum entered a Joint Exploration Agreement (JEA) with Japan Oil, Gas and Metals National Corporation (JOGMEC). Under the agreement, JOGMEC will spend up to C$5.0 Million in cash or in kind over three years in return for an up to 35% equitable interest in the Panorama North Project.
Through this JEA, a small drilling program was completed at Panorama North over a four-week period in October 2016. Drilling intersected multiple thick, near-surface coal seams, and two seams within the boreholes showed similar geophysical signatures to the Duke E seam, the primary economic target seam at nearby Groundhog North.
Atrum is now planning a 2017 exploration program for Panorama North in conjunction with JOGMEC and our Aboriginal partners.