Pantera Secures 5,000 Acres for Antimony and Silver Exploration in Arkansas

Strategic Expansion into U.S. Critical Minerals

Pantera Lithium Limited (ASX – PFE) has taken a decisive step into the U.S. critical minerals arena by securing approximately 5,000 acres of mineral leases in Southwest Arkansas. The newly acquired ground, split between the Gilham East (~3,000 acres) and Gilham West (~2,000 acres) project areas, is historically known for antimony and silver production but has seen virtually no modern exploration for nearly a century.

This acquisition is more than just land; it represents a strategic alignment with U.S. government priorities on critical minerals essential for defense and clean energy technologies. Pantera’s move builds on its successful track record in Arkansas, notably the recent A$40 million sale of its Smackover lithium project to EnergyX, which provides both capital and momentum for this new venture.

Unlocking a Dormant Mining District

The Gilham district holds over 18 historic mines and prospects, including the notable Davis silver-base metal mine and several antimony-rich stibnite deposits. These sites were last actively mined in the early 20th century, leaving a wealth of untapped potential. Pantera’s exclusive agreement with Lafayette County Abstract Inc is a key enabler, allowing expedited and efficient mineral rights discovery and leasing across Sevier County, a process complicated by fragmented ownership and incomplete records.

Initial exploration activities are set to commence imminently, featuring geological mapping, geochemical sampling, and drone surveys to rapidly define drill-ready targets. This modern approach contrasts sharply with the historical surface-focused mining and promises to unlock new insights into the district’s mineral potential.

Supportive Regulatory and Funding Environment

Arkansas Governor Sarah Huckabee Sanders’ administration has fostered a pro-growth environment supportive of resource development, positioning the state as a Tier-1 jurisdiction for critical minerals investment. This regulatory backdrop, combined with federal emphasis on domestic critical minerals supply chains, enhances Pantera’s prospects for success.

Financially, Pantera is well-positioned to execute its exploration program, with a current cash balance of approximately A$2 million and an additional A$2 million payment expected from EnergyX in mid-2026. This funding ensures the company can advance its exploration agenda without immediate capital constraints.

Looking Ahead

While historical production data from the district is compelling, it remains unverified under modern reporting standards, underscoring the importance of Pantera’s planned exploration and drilling campaigns. The company’s ability to expand its leasehold position and deliver early-stage results will be critical in validating the district’s potential and attracting further investment.

Pantera’s Arkansas initiative exemplifies a broader trend of revitalizing overlooked U.S. mineral districts with modern technology and strategic partnerships, aiming to secure critical supply chains amid global geopolitical shifts.