Pantoro's exciting drilling update

Pantoro (ASX:PNR), based in Western Australia, has announced encouraging results from its underground drilling program at the Scotia orebody, part of the Norseman Gold Project. The findings confirm high-grade gold extensions, indicating potential for substantial resource growth and a longer mine life. Notable gold intersections were discovered beneath the current Scotia South Ore Reserve, supporting Pantoro's strategy to increase gold production to more than 200,000 ounces annually.

Pantoro's strategic growth outlook

Pantoro has achieved significant success with its ongoing drilling program at the Scotia orebody, revealing high-grade gold intersections that suggest potential for substantial resource expansion. The company's strategy focuses on extending mineralization in the southern zone to match the depth of the northern zone, potentially increasing gold production per vertical meter. The Scotia underground mine is expected to become the largest underground operation at the Norseman Gold Project. Pantoro aims to boost its gold output to over 200,000 ounces annually. As further exploration continues, Pantoro anticipates unlocking more of the asset's potential, aligning with its growth strategy.

Executive insights on drilling success

The quality of the Scotia mineralized system as a growth target is clearly evident in these results. We are confident that further drilling will continue to unlock the full potential of this asset.