Pantoro Posts Annual Mineral Resource, Ore Reserve Estimates for Western Australia Projects

MT Newswires Live

2024/09/27

Pantoro (ASX:PNR) posted its annual mineral resource and ore reserve estimates for the Norseman and Halls Creek projects in Western Australia, according to a Thursday filing with the Australian bourse.

Total mineral resource now stands at 45.9 million tonnes at 3.3 grams per tonne (g/t) of gold for 4.9 million ounces, while total ore reserves are 13.7 million tonnes at 2.2 g/t of gold for 949,000 ounces.

The company's total mineral resource and ore reserve have fallen by around 1% and 7%, respectively, after mining depletion, the filing stated.

Pantoro has not substantially drilled at Norseman for two years as operations ramped up in September, according to the filing.

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