For thousands of other reports visit RSC's Mineral Intellingence Map
Pantoro Ltd.
Summary
| Project: | Norseman | |
|---|---|---|
| Deposit: | Scotia, Daisy South, Gladstone-Everlasting | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-2-2020: Pantoro Ltd. announces an Exploration/Drilling Update report for its Scotia, Daisy South, Gladstone-Everlasting deposit at the Norseman project. Drilling results incl. 8.7m @ 9.89g/t Au from 115.9m. Pantoro Limited (ASX:PNR) (Pantoro) is please | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Scott Huffadine (Internal) | |
| ABSTRACT: | Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide additional drilling results from the Scotia, Daisy South and Gladstone-Everlasting deposits at Norseman. Pantoro has been RC and diamond drilling since August 2019 with approximately 23,000 metres completed to date. The programs are expected to be substantially completed during the March quarter 2020 in advance of Mineral Resource estimates and Ore Reserve calculation. Key Highlights Drilling has returned a number of significant intersections which confirm thick high-grade mineralisation outside of existing Mineral Resources at Scotia, Gladstone-Everlasting and Daisy South. The existing open pits at Gladstone and Scotia were mined at average grades of greater than 4.0 g/t Au historically and represent large volume, high grade surface mining opportunities with outstanding metrics relative to many peers within the Australian resource sector. The result of 5 m @ 15.91 g/t Au at Scotia is located approximately 250 metres west of the current Mineral Resource. The result may represent the discovery of a new high grade parallel lode system, not previously identified by shallow sterilisation drilling. Additional drilling to further define the structure is planned. At the Everlasting deposit, these new results indicate a southern extension to mineralisation which has not been previously tested. Southern extensions to the Everlasting deposit remain open to the south. | |
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