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Pantoro Ltd.

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Summary

Project:

Norseman

Deposit:OK
Location:Australia
Commodities:Gold
Date:6/16/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-6-2020: Pantoro Ltd. announces an Exploration/Drilling Update report for its OK deposit at the Norseman project. Drilling results incl. 6.05m @ 22.9g/t Au from 199.35m. Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide a further update on resul
Resources:
CP/QP:[Overall Report] Scott Huffadine (Internal)
ABSTRACT:Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide a further update on results from its underground drilling program at the high grade OK Underground Mine at the Norseman Gold Project (PNR 50%). Pantoro has completed approximately 7,586 metres of diamond drilling at the OK Underground Mine in this program with a number of results still outstanding. The objective of the drill program is to extend the depth of defined mineralisation in the 02 Lode below the 22 Level, and to infill the Star of Erin Lode mineralisation. The initial phase of the drilling has focused on the central portion of the O2 Lode. New high grade results below existing development on the 22 level include: Commenting on the results, Managing Director Paul Cmrlec said: “These additional results from the OK Underground Mine demonstrate the consistent high grade nature of the deposit beneath the historic workings. The decline at OK has been fully rehabilitated and recommencement of production activities will be relatively straightforward. The outstanding results that the drill program has delivered gives us confidence that the OK Underground Mine is likely to be one of the first developments when we Pantoro restarts operations at Norseman.”

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