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Project: | Norseman | |
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Deposit: | Scotia | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 6/9/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 9-6-2020: Pantoro Ltd. announces an Exploration/Drilling Update report for its Scotia deposit at the Norseman project. Drilling results incl. 10m @ 11.6g/t Au from 151m. Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide additional drill results fr | |
Resources: | (Resources, I+I): 2.425Mt @ 5.3g/t Au (414koz Au) at Scotia Mining Centre | |
CP/QP: | [Overall Report] Scott Huffadine (Internal) | |
ABSTRACT: | Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide additional drill results from Scotia. These results confirm the significance of Scotia, which will be a key mining centre within Pantoro’s planned restart of operations at the Norseman Gold Project (Pantoro 50%). The prospectivity of the Scotia Mining Centre has recently been demonstrated by the discovery of the Panda Lode by Pantoro (see ASX Announcement entitled ‘New Discovery Confirmed at Panda’ dated 21 May 2020) The Scotia Mining Centre is located approximately 25 km south of Norseman and was discovered in 1893. The historic production recorded from the Scotia mine via open pit and underground mining was 811,000 tonnes @ 5.9 g/t Au for 155,000 ounces. Scotia was actively mined from 1987 until 1996. The Scotia Mining Centre hosts a number of Mineral Resource areas in close proximity, including the dominant Scotia Resource and smaller satellite Resources at Lady Eleanor and Free Gift (see below). The area also includes several zones where high grade mineral occurrences have not yet been classified within the existing Mineral Resource | |
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