For thousands of other reports visit RSC's Mineral Intellingence Map
Pantoro Ltd.
Summary
| Project: | Halls Creek | |
|---|---|---|
| Deposit: | Nicholsons | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-7-2017: Pantoro Ltd. announces an Exploration/Drilling Update report for its Nicholsons deposit at the Halls Creek project. Drilling results incl. 2.0m @ 26g/t Au from 47.0m. Pantoro Limited (Pantoro) (PNR:ASX) is pleased to provide an update on its on | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Scott Huffadine (Internal) | |
| ABSTRACT: | Pantoro Limited (Pantoro) (PNR:ASX) is pleased to provide an update on its ongoing exploration activities at its 100% owned Nicolson’s Project. Over the last 15 months the company has been focussed on growing the Mineral Resource, primarily around the existing underground mine. Increased production from the operation has allowed Pantoro to commence testing of additional targets within the broader tenement package, with the focus on evaluating a second underground mine beneath the Wagtail open pits which are currently being mined. Preliminary first pass and follow up drill testing of other prospects has been undertaken during the June 2017 quarter with encouraging results. Drilling completed to date has shown “pinch and swell” characteristics similar to the ore zone now extensively mined at Nicolsons. While there have been a number of high and lower grade intercepts, all holes have intersected the target structures and mineralised veins, and variability appears to be similar to results seen at Nicolsons. To date only five holes have been drilled below Wagtail South all intersecting the orebody, the best result from WSDD17001 pit returned 1.8 m @ 5.76 g/t Au intersecting the central lode. The recently completed hole WSDD17004 which has been logged with assays pending intersected the Eastern lode with visible gold noted at around 94 m downhole, assays are pending (Plate 1). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report