Pantoro Gold has announced hits of visible gold at its Norseman project in Western Australia helping to unlock greater growth potential across the company’s operations.
Drilling at the company’s Crown South and O’Briens Reef sites has indicated high-grade results including 2.4m at 43.19 grams per tonne (g/t) of gold, 1.15m at 38.95 g/t gold and 1.42m at 14.68 g/t gold.
“Drilling at the Crown South Reef has delivered exceptional results from the outset, with every hole intersecting the reef where expected and many holes have displayed visible gold. The grades returned confirm the outstanding potential of this orebody,” Pantoro Gold managing director Paul Cmrlec said.
Exploration efforts at Crown South have, as a result, intercepted the O’Brien’s Reef site – offering greater growth potential for the site that already boasts a mineral resource estimate of 130,000 tonnes at 9.7 g/t gold.
Efforts to improve mineral resource estimates have developed nicely as a result, with the company now expecting a “large step out” on the currently existing resource at the site – resulting in two independently-owned mines being operated and opened at the same time to increase production speed.
“We’re getting a fairly large area together now with this high-grade visible gold, consistently coming back in a large number of the holes, is exactly what we’re looking for,” Cmrlec said in an interview with Proactive investors.
“This high-grade visible gold consistently coming back in a large number of the holes, is exactly what we were looking for when we started the program.”
Drilling activity marks the first targeted work at Crown Reef since the 1970s.
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