Commodities, Exploration/Development, Gold, News

Pantoro hails ‘spectacular’ drill results at Scotia

Black Cat

Pantoro continues to bolster its Norseman gold project in Western Australia after revealing a batch of high-grade drill results from its Scotia Deeps, Green Lantern and Scotia North prospects.

At Scotia Deeps, the gold miner made wide and high-grade intercepts up to 500m below surface, further extending the underground potential of the Scotia orebody.

Notable results at Scotia Deeps included hits of 9m at 15.66 grams per tonne (g/t) gold from 403m, 15.6m at 12.15g/t from 476m, 5.2m at 17.72g/t from 493.4m and 4.2m from 18.16g/t from 367m.

Pantoro has been focussed on resource development drilling at its Green Lantern deposit as the company looks to convert mineral resources from the inferred to indicated category. Pantoro intercepted 20m at 3.2g/t from 96m, 12m at 5.37g/t from 21m and 3m at 20.08g/t from 57m from three Green Lantern drill holes.

The Perth-based miner has also been working to extend Scotia’s potential to the north of the open pit, with drilling scoping out mineralisation both at surface and at depth.

The results will form part of a mineral resource and ore reserve update to be released in the March quarter of 2022.

Pantoro managing director Paul Cmrlec said Scotia continues to be a stand-out performer for the company.

“The Scotia mining centre was picked as Pantoro’s priority target at the time that we acquired our interest in the Norseman gold project,” he said. “Results from the area have been nothing short of spectacular since drilling commenced back in 2019.”

Pantoro commenced the current drilling program following the release of Green Lantern’s maiden mineral resource and ore reserve in September 2021 and has been focussed on extending mineralisation across the Norseman project.

Pantoro owns a 50 per cent stake in Norseman, which is located in the Eastern Goldfields of WA.

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