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Pantoro Ltd.

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Summary

Project:

Halls Creek

Deposit:Wagtail
Location:Australia
Commodities:Gold
Date:11/8/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:8-11-2017: Pantoro Ltd. announces an Exploration/Drilling Update report for its Wagtail deposit at the Halls Creek project. Drilling results incl. 4.15m @ 17.99g/t Au from 108m. Pantoro Limited (ASX:PNR) (Pantoro) is pleased to advise that the ongoing dri
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Scott Huffadine (Internal)
ABSTRACT:Pantoro Limited (ASX:PNR) (Pantoro) is pleased to advise that the ongoing drilling program beneath the Wagtail and Rowdies open pits has returned a number of high grade results in addition to the results reported on 16 March 2017 and 31 July 2017. The combined results confirm that Wagtail will be the next underground development for Pantoro. “These results provide the confidence that Pantoro requires to commence underground operations as soon as possible. With open pit mining scheduled to be completed by the end of December 2017, it is our intention to commence underground development following the upcoming wet season. The addition of Wagtail as a second high grade underground feed source will underpin Pantoro’s strategy to further increase production from Nicolsons to between 80,000 and 100,000 ounces per annum, and we remain committed to the ongoing drilling programs on site which are focused on delivering continued Ore Reserve growth. ” Pantoro Limited ABN 30 003 207 467 t: 08 6263 1110 | e: [email protected] | w: www.pantoro.com.au PO Box 1353 West Perth WA 6872 | 1187 Hay Street, West Perth WA 6005 Page 2 High grade mineralisation has now been encountered at depths of greater than 150 metres below surface beneath the Rowdies, Wagtail North, and Wagtail South Mineral Resources, demonstrating the depth continuity of mineralisation over the entire strike. Mineralisation remains open at depth and along strike. (Figures 1,2).

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