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Pantoro Ltd.
Summary
| Project: | Grants Creek | |
|---|---|---|
| Deposit: | Perseverance | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-7-2019: Pantoro Ltd. announces an Exploration/Drilling Update report for its Perseverance deposit at the Grants Creek project. Drilling results incl. 4.00m @ 6.7g/t Au from 15m. Pantoro is an Australian gold producer with its 100% owned Halls Creek Gol | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Scott Huffadine (Internal) | |
| ABSTRACT: | Pantoro is an Australian gold producer with its 100% owned Halls Creek Gold Project in the Kimberley Region of Western Australia and its recently acquired 50% owned Norseman Gold Project. The Halls Creek Project was developed by Pantoro during 2015, with the first gold pour completed during the same year. The project includes underground and open pit mining, and a modern CIP processing facility. Pantoro owns the only commercial scale gold processing facility in the Kimberley Region of Western Australia, with the closest plant approximately 300 km to the south. The company has consolidated areas prospective for gold mineralisation in the region, and has acquired the Grants Creek and Mary River project areas during the past 18 months to compliment the Nicolsons production and exploration assets. In all, the company holds approximately 350 km2 of prospective tenure in the Halls Creek Area. Pantoro is actively exploring at Nicolsons, Grants Creek, and Mary River with a focus on increasing the mine inventory for the project. Nicolsons is currently producing gold at the rate of 45,000 to 55,000 ounces per annum from Halls Creek, and is focused on maximizing profitable production as additional ore sources are brought on line. | |
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