Pantoro Gold's Norseman Project Continues to Deliver Promising Results

Pantoro Gold Ltd managing director Paul Cmrlec reported significant progress at the Norseman Gold Project, with new high-grade gold intersections emerging at the historic Mainfield mining centre. The area has already produced around 3.00 million ounces of gold and remains open at depth, suggesting substantial exploration potential remains. Cmrlec attributed the promising results to the company's ongoing drilling activities across multiple targets, including the Bullen mine, Gladstone, Everlasting, Daisy, and Scotia.

Key Takeaways:

  • Pantoro Gold's drilling at the Norseman Gold Project has returned strong results, including high-grade gold intersections at the historic Mainfield mining centre.
  • The area has already produced around 3.00 million ounces of gold and remains open at depth, indicating significant exploration potential remains.
  • Three surface rigs are operating across multiple targets, including the Bullen mine, Gladstone, Everlasting, Daisy, and Scotia.
  • Pantoro has established an on-site laboratory to ease assay bottlenecks and accelerate results processing.
  • The company expects a strong flow of assay results in the coming weeks, supporting continued exploration momentum and resource growth at Norseman.
  • Paul Cmrlec highlighted the significance of drileming in previously unmined areas with high gold grades similar to the rest of the region.

Statistics:

  • 3.00 million ounces of gold produced from the historic Mainfield mining centre (Cmrlec)
  • 3 surface rigs operating across multiple targets at the Norseman Gold Project (Cmrlec)
  • Results from drill testing in unmined areas demonstrating high gold grades similar to the rest of the region (Cmrlec)

Sources:

  • Pantoro Gold Ltd managing director Paul Cmrlec
  • Proactive Investors