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Pantoro Ltd.
Summary
| Project: | Halls Creek | |
|---|---|---|
| Deposit: | Mary River | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 7-8-2018: Pantoro Ltd. announces an Exploration/Drilling Update report for its Mary River deposit at the Halls Creek project. Drilling results incl. 31.65m @ 1.78g/t Au from 53.3m. The Mary River Project is located approximately 20 km SSW of Halls Creek a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Scott Huffadine (Internal) | |
| ABSTRACT: | The Mary River Project is located approximately 20 km SSW of Halls Creek and is easily accessible via the Great Northern Highway and the Tanami Road. Mary River is approximately 20 km from the Nicolsons processing plant. The tenement encompasses the majority of the historical Mary River Goldfield which is approximately 15 km long and 3 km wide. The area has a mining history dating back to 1885 with a large number of small-scale hard rock excavations, along with eluvial and alluvial mines having operated during the areas history. Large scale alluvial mining was undertaken as recently as the 1980’s. Despite the long mining history in the area, Mary Creek remains largely un-explored by modern techniques. Few deposits have been drilled, and where drilling has been undertaken, it has been extremely limited. The maiden drilling was focussed around the historic Reform mine which official figures show produced approximately 6.5 kg of gold (209 ounces) in the late 1800s. A further 2,300 ounces of gold was reportedly produced from alluvial workings during the 1980s. Sampling of the Reform workings in the 1930s recorded grades from 0.3 to 13 g/t Au. Minor drilling at Reform produced a best result of 8 m at 5.84g/t Au from 16 m (MRPH1). An Alluvial plant was commissioned during October 1988 by Roebuck Resources to mine | |
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