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Pantoro Ltd.
Summary
| Project: | Halls Creek | |
|---|---|---|
| Deposit: | Nicholsons | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/2/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 2-8-2018: Pantoro Ltd. announces a Resource Estimation report for its Nicholsons deposit at the Halls Creek project. Annual statement updating mineral resource and ore reserve estimate at Nicolson and Wagtail. Pantoro Limited (ASX:PNR) (Pantoro) is please | |
| Resources: | (Reserve, P+P): 0.964Mt @ 7.1g/t Au for 219Koz Au contained at Nicolsons and Wagtail deposits | |
| CP/QP: | [Resources]: Scott Huffadine (Internal) | |
| ABSTRACT: | Pantoro Limited (ASX:PNR) (Pantoro) is pleased to report year on year upgrades to the Mineral Resource and Ore Reserve at the Nicolsons Gold Project which includes the Nicolsons and Wagtail Mines. The Mineral Resource and Ore Reserve have been updated in the Nicolsons and Wagtail Orebodies as at 1 May 2018. Commenting on the Mineral Resource and Ore Reserve upgrade, Managing Director Paul Cmrlec said: “The Nicolsons Project continues to deliver for Pantoro, with continued success in the definition of additional Mineral Resource and Ore Reserve replacing depleted ore and continuing to grow the overall gold inventory. With the ongoing exploration effort both within the existing mines and in the wider project areas, we are confident that Mineral Resource inventories will continue to grow. The focus on development during the past two years has resulted in strong developed ore stocks which bodes well for continued growth at the mine. With the Wagtail decline development progressing, the site operations team is focused on increasing the volume of ore delivered to the ROM and utilising the ore sorter to deliver production growth targets of 80,000 to 100,000 ounces per annum..” | |
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