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Pantoro Ltd.
Summary
| Project: | Norseman | |
|---|---|---|
| Deposit: | Slippers | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-9-2019: Pantoro Ltd. announces an Exploration/Drilling Update report for its Slippers deposit at the Norseman project. Drilling results incl. 11m @ 9.1g/t Au from 77m. Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide results from its maiden dri | |
| Resources: | (Resource, Total): 35.51Mt @ 3.86g/t Au for 4.41Moz Au contained | |
| CP/QP: | [Overall Report]: Scott Huffadine (Internal) | |
| ABSTRACT: | Pantoro Limited (ASX:PNR) (Pantoro) is pleased to provide results from its maiden drilling program at the Norseman Gold Project. A short reconnaissance program was undertaken in the Slippers deposit to confirm continuity of mineralisation along strike ahead of a more detailed drill out for Mineral Resource updates and mine design. The Slippers deposit is part of the Princess Royal ore system. With the initial program at Slippers completed, drilling has moved to the Gladstone-Everlasting deposit where the current Mineral Resource stands at 2,701,000 tonnes @ 2.9 g/t Au for 252,000 ounces and existing open pit optimisations demonstrate potential for an open pit of 1.0 to 1.2 Mt @ 4 to 4.4 g/t Au. Drilling is focussed on infill and extension of the current Mineral Resource, and potential for ongoing growth at the deposit is considered high. | |
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