---
title: "Panther Metals reports 38% magnesium recovery at Dotted Lake"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-08-17T14:11:23+00:00"
modified: "2026-08-17T14:11:23+00:00"
date: 2026-08-17
canonical: "https://www.share-talk.com/panther-metals-reports-38-magnesium-recovery-at-dotted-lake-2/"
category: "Blogs"
categories: ["Blogs", "Mining"]
tags: ["Australia", "Belt", "Big Bear Gold Project", "Bluebrook", "Bonanza", "canada", "Core Geophysics", "Darren Hazelwood", "data", "Dotted Lake", "Dr. Kerim Sener", "Exchange", "Exploration", "Geophysical", "Gold", "greenstone", "helicopter", "irborne", "Julien Bosche", "Kerr Allan Financial", "Merolia", "Mineralisation", "Mitchell Smith", "Obonga", "Ontario", "PALM", "Panther Metals", "Sanlam Private Wealth", "survey"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/08/HP5yw8XWYAAxXJg.jpg?fit=1200%2C675&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Panther Metals reports 38% magnesium recovery at Dotted Lake

**Published:** August 17, 2026
**Author:** sharetalk
**Categories:** Blogs, Mining
**Tags:** Australia, Belt, Big Bear Gold Project, Bluebrook, Bonanza, canada, Core Geophysics, Darren Hazelwood, data, Dotted Lake, Dr. Kerim Sener, Exchange, Exploration, Geophysical, Gold, greenstone, helicopter, irborne, Julien Bosche, Kerr Allan Financial, Merolia, Mineralisation, Mitchell Smith, Obonga, Ontario, PALM, Panther Metals, Sanlam Private Wealth, survey
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/08/HP5yw8XWYAAxXJg.jpg?fit=1200%2C675&quality=89&ssl=1)

---

[Panther Metals Plc (LON: PALM)](https://www.share-talk.com/panther-metals-reports-38-magnesium-recovery-at-dotted-lake/) has reported encouraging Phase 1 magnesium recovery results from its Dotted Lake Project in Ontario, Canada. Preliminary metallurgical testwork using the Extrakt™️ leaching technology achieved cumulative magnesium recovery of approximately 38%, significantly exceeding the 19–25% ceiling observed during conventional single-stage leaching.

The results establish an important baseline for further process development, with Panther now looking towards additional metallurgical testing, reagent management optimisation and techno-economic evaluation. The Dotted Lake ultramafic intrusive also contains elevated nickel, cobalt, chromium and other critical elements that could potentially be investigated as future by-products.

**Key topics discussed:**

- 38% cumulative magnesium recovery

- Performance versus conventional leaching

- Extrakt™️ leaching technology

- Magnesium-rich serpentine at Dotted Lake

- Nickel, cobalt and chromium by-product potential

- Reagent efficiency and downstream processing

- Next stages of metallurgical testing

- Path towards potential pilot-scale work

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