Pantoro (ASX:PNR) extended gold mineralization from an extensional and grade control drill program at the Norseman gold project in Western Australia, according to a Monday filing with the Australian bourse.
The program yielded up to 9.2 meters at 6.5 grams per tonne (g/t) grade of gold from 197.5 meters, 16.4 meters at 8.9 g/t gold from 176 meters, and 2.4 meters at 12.7 g/t gold from 141.6 meters, the filing said.
Company shares fell past 4% in recent Monday trade.
Price (AUD): $0.09, Change: $-0.004, Percent Change: -4.21%