Panthera Resources PLC - gold exploration company with assets in India and West Africa - Says Moydow Holdings Ltd will buy the Wuo Land 2 exploration licence that comprises part of the Cascades project in Burkina Faso. The option over Wuo land 2 is over 243 quare kilometres and covers approximately 30km strike length of identified mineralization at Cascades

The Cascades project lies in the Banfora Birimian greenstone belt, one of the three major mineralised belts in western Burkina Faso. It is owned and managed by Moydow; Panthera currently holds an equity interest of 20% in Moydow.

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