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Panoro Minerals Reports Exploration Results from Cotabambas Project, Peru

Panoro Minerals Ltd. (PML.V) today reported additional assay results from its 100% owned Cotabambas porphyry copper-gold-silver project located in southern Peru. The drill results include exploration, step out and infill drill holes.

Highlights:

- 31.3 m intercept of supergene enriched oxide mineralization to the East of the existing resources grading 1.15% copper, 0.11 g/t gold and 2.3 g/t silver in hole CB-74, immediately underlain by a primary sulfide zone of 788.5 m grading 0.19% copper, 0.08 g/t gold and 3.1 g/t silver;

- 10.0 m intercept of supergene chalcocite mineralization enrichment grading 1.38% copper, 0.21 g/t gold and 1.8 g/t silver in hole CB-78, underlain by an extended primary zone of 598.7 m grading 0.13% copper, 0.06 g/t gold and 1.8 g/t silver;

- 78.0 m intercept of 0.73% Cu, 0.34 g/t Au and 4.3 g/t Ag primary mineralization in hole CB-75

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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