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Pantoro Ltd.

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Summary

Project:

Norseman

Deposit:Daisy South, Gladstone-Everlasting
Location:Australia
Commodities:Gold
Date:1/28/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-1-2020: Pantoro Ltd. announces an Exploration/Drilling Update report for its Daisy South, Gladstone-Everlasting deposit at the Norseman project. Drilling results incl. 31m @ 3.75g/t Au from 28m at Daisy South. Pantoro Limited (ASX:PNR) (Pantoro) is ple
Resources:
CP/QP:[Overall Report]: Scott Huffadine (Internal)
ABSTRACT:Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide additional drilling results from the Daisy South and Gladstone-Everlasting deposits at the Norseman Project (Pantoro 50%). Pantoro has been drilling in the area since September 2019 with approximately 10,300 metres completed on these both prospects to date. Drilling on the prospects will be completed during the coming weeks in advance of re-estimation of the Mineral Resource. The Daisy South and Gladstone-Everlasting deposits are part of the Gladstone Mining Centre, one of the six key focus areas for Pantoro at Norseman. Key Highlights Drilling in and around the existing Mineral Resource area has identified a wide zone of mineralisation at Daisy South supporting the structural model. Drilling at Gladstone-Everlasting has demonstrated continuity of the higher grade mineralisation, and importantly indicates southern extensions to the Everlasting deposit outside of current indicative open pit optimisations. Additional drilling around these extensions is underway.

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