Company
Pantoro Gold Ltd
ASX:PNR
Pantoro is focused on unlocking the full potential of its 100%-owned Norseman Gold Project. The Norseman Gold Project is located in the Eastern Goldfields of Western Australia, at the southern end of the highly productive Norseman-Wiluna greenstone belt, and is one of the highest-grade goldfields within the Yilgarn Craton.
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Pantoro drilling at Lamboo PGE deposit identifies new high-grade reef system
Assays continue to flow in and the company has some promising PGE results in hand.
Pantoro launches $30 million raise to put toward Norseman development
"On completion of the equity raising we will have a strong balance sheet that will see us through to positive cashflow at Norseman which we expect in the January 2023 quarter,” managing director Paul Cmrlec said.
Pantoro targets Mainfield for resource growth following first gold pour at Norseman
“With operations at Norseman now underway, Pantoro has continued with its strategy of identifying additional ore to continue to grow the mines ore reserve,” said MD Paul Cmrlec.
Pantoro pours first gold at Norseman
The gold stock crafted the eight-kilogram bar with Doré from the processing plant’s gravity circuit, generating its first-ever bullion on October 13.
Pantoro's annual gold mineral resource and ore reserve statement shows growth
“Work this year has revealed the continuation of high grade mineralisation, underpinning ongoing mine life extensions," MD Paul Cmrlec said.
Pantoro welcomes presence of high-grade lithium in pegmatites at Buldania Lithium JV
JV partner MinRes is funding lithium exploration on the Buldania project as part of a buy-in agreement for the Norseman lithium joint venture. Drilling has confirmed the presence of tantalum and high-grade lithium mineralisation.
Pantoro achieves practical completion at Norseman Gold Project within budget and timeline
“Achieving practical completion on time, and on budget is an outstanding result considering the recent cost increases and delays experienced across the wider industry," said Pantoro managing director Paul Cmrlec.
Pantoro continues to expand PGE mineralisation at Lamboo
“Drilling to date has confirmed a big system with large ore widths and consistent grades over long distances,” said MD Paul Cmrlec.
Pantoro increases Green Lantern gold resource 27%; adds 24% to Norseman Project reserves
“Mineralisation remains open both along strike and at depth and Pantoro is confident that the ore reserve will continue to grow with additional work in the future," said MD Paul Cmrlec.
Pantoro fields golden results at Green Lantern in advance of resource update
“The ongoing results from Green Lantern demonstrate the potential of the Scotia Mining Centre generally, and we look forward to releasing an updated mineral resource and ore reserve shortly," MD Paul Cmrlec said.
Pantoro finds rhodium and iridium while drilling for nickel and PGE at Lamboo prospect
“The identification of significant rhodium and iridium in the northern zones of the prospect is an exciting development. Drilling is ongoing at Lamboo with a large number of assays yet to be returned," said MD Paul Cmrlec.
Pantoro advances Norseman Gold Project construction on schedule and within budget
“Pantoro would like to acknowledge its personnel and contractors who have worked tirelessly since commencement of the feasibility study during 2020, and we look forward to bringing Western Australia’s newest operation online very soon," MD
Pantoro highlights PGE potential at Norseman with shallow high-grade hits
“Pantoro intends to pursue value from other commodities including PGEs and nickel as activities around the gold projects allow,” says MD.
Pantoro shares rise after starting 20,000 metre drilling program at Lamboo PGE Project
Last month, Pantoro raised $45 million to strengthen its balance sheet and accelerate exploration at the Norseman Gold Project in Western Australia's Eastern Goldfields.
Pantoro's Scotia Mining Centre gold reserve update lifts Norseman Project reserves 49% to 906,000 ounces
“The sustained drilling campaign at the Norseman Gold Project continues to deliver excellent growth ahead of the recommencement of production in the third quarter of 2022,” says MD.