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Pantoro Ltd.
Summary
| Project: | Norseman | |
|---|---|---|
| Deposit: | Panda | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/21/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-5-2020: Pantoro Ltd. announces an Exploration/Drilling Update report for its Panda deposit at the Norseman project. Drilling results incl. 5m @ 24.84g/t Au from 33m. Pantoro Limited (ASX:PNR) (Pantoro) is pleased to confirm a new high grade discovery a | |
| Resources: | ||
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | Pantoro Limited (ASX:PNR) (Pantoro) is pleased to confirm a new high grade discovery at Panda. The Panda discovery is located within the Scotia Mining Centre at the Norseman Gold Project (PNR 50%). Pantoro highlighted the potential discovery of high grade mineralisation at Panda in March 2020 with initial results including 5 m @ 15.91 g/t Au (Refer to March 2020 Quarterly Report released to the ASX on 15/4/2020). The Panda discovery is located approximately 250 metres west of the current Scotia Mineral Resource on a parallel but previously untested structure. Panda strikes parallel to the other known lodes at Scotia and has now been drilled over a length of approximately 130 metres to date. Further Drilling at Panda will be focused on targeting extensions to mineralisation along strike and down dip. The ongoing drilling will help to ascertain the potential of the Panda discovery to provide additional high grade open pit feed for the Scotia Mining Centre in the near term | |
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