Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Investor Presentation (February 2024)
21 slides from Pantoro Gold's investor presentation, Feb 16, 2024
Slide 1: Addendum – Investor Presentation
ASX Announcement 16 February 2024 Addendum – Investor Presentation Pantoro Limited (ASX:PNR) (Pantoro) refers to the ASX Announcement ‘Investor Update Presentation’ released on 13 February 2024 (the ASX Announcement). Slide five of the ASX Announcement incorrectly stated financial rather than calend
Slide 2: Investor Presentation February 2024
DRAFT Click to edit Master title style For personal use only February 2024
Slide 3: Important Notices
IMPORTANT Click NOTICES to edit Master title style Nature of Document. This presentation has been prepared and issued by Pantoro Limited (Pantoro or Company) to provide general information about Pantoro. For personal use only Summary Information. The information in this document is in summary form a
Slide 4: Important Notices Continued
IMPORTANT Click NOTICES to edit Master titleCONTINUED style For personal use only Past performance. Past performance metrics and figures (including past share price performance of Pantoro), as well as pro forma financial information, included in this presentation are given for illustrative purposes
Slide 5: Company Overview
Click to edit Master title style For personal use only COMPANY OVERVIEW 4
Slide 6: Pantoro Annual Summary
PANTORO Click to editANNUAL SUMMARY Master title style LARGE, HIGH-GRADE MINERAL RESOURCE For personal use only § 46.4 Mt @ 3.2g/t for 4.8 million ounces gold. GROWING GOLD PRODUCTION POSITION § New, fully operational gold mining operation which includes: BROOME 1. New 1 million tonne per annum proc
Slide 7: Capital Structure
CAPITAL Click STRUCTURE to edit Master title style BOARD SENIOR MANAGEMENT CAPITAL STRUCTURE For personal use only Share Price1 4.2 cps Wayne Zekulich § Financial management, banking and Scott Huffadine § Geologist with strong Ordinary Shares 5,204 million Chair accounting background Chief Operating
Slide 8: Norseman Advancing Towards Steady State
NORSEMAN Click ADVANCING to edit Master TOWARDS STEADY STATE title style CY 2023 Production Growth Mine Plan to 2030 For personal use only § Production significantly improved every quarter as OK mine developed and Scotia ore was accessed. § Further improvement to full production rates expected as Sc
Slide 9: Norseman Gold Project Current Mineral Resource and Ore Reserve
Click to editNORSEMAN CURRENT Master title GOLD style PROJECT MINERAL RESOURCE AND ORE RESERVE For personal use only 8
Slide 10: Peer Developers Capital Structure Comparison
PEER Click toDEVELOPERS CAPITAL edit Master title style STRUCTURE COMPARISON Market Capitalisation (A$m)1 Total Debt (Incl. Hedge Liability) (A$m)2 For personal use only 1,765 1,483 1,178 Debt Hedge Liability 318 275 93 439 172 161 135 208 225 66 122 107 161 61 48 44 103 69 61 43 - - - - Genesis Bel
Slide 11: Norseman Gold Project
Click to edit Master title style For personal use only NORSEMAN GOLD PROJECT 10
Slide 12: Norseman Gold Project Overview
NORSEMAN Click GOLD PROJECT to edit Master title style OVERVIEW OPERATIONS UPDATE For personal use only § 1MTPA processing plant build completed in November 2022. Currently operating above nameplate capacity and at design recovery. § Mining at OK underground mine has generated excellent results and
Slide 13: Scotia – A New Beginning
SCOTIA Click – AMaster to edit NEW BEGINNING title style Open Pit N For personal use only § High grade ore beneath old mine voids now accessed with mining underway with grade increasing as expected. § Grade control drilling revealing thick, high grade mineralisation in remainder of the South and Cen
Slide 14: Scotia – Optimised to the Orebody and Market Conditions
SCOTIA Click – OPTIMISED to edit Master titleTOstyle THE OREBODY AND MARKET CONDITIONS For personal use only SCOTIA NORTH § Open pit deferred but not SCOTIA SOUTH removed from LOM plan. § Plan unchanged § Potential to replace with SCOTIA CENTRAL underground mining at § 30m shallower than initial low
Slide 15: Scotia – Deep Drilling Underwrites the Long Term Plan
SCOTIA Click – DEEP to edit DRILLING Master UNDERWRITES THE LONG TERM PLAN title style For personal use only Scotia Underground Key Milestones • Underground development and production contract Award – March 2024 • Portal Excavation – April 2024 • Ore Development – July 2024 • Production stoping – Q3
Slide 16: OK Underground Mine
OK MINE Click to edit Master title style For personal use only OK UNDERGROUND MINE § Production underway from Star of Erin and O2 Lodes. § Mine is meeting budget expectation with significant capacity to expand production. § Very high grades encountered in first new level (515 level) in O2 Lode. § St
Slide 17: OK Mine – Example High Grade Faces in Active Areas
OKtoMINE Click edit –Master EXAMPLE titleHIGH styleGRADE FACES IN CURRENTLY ACTIVE AREAS For personal use only 1.1m @ 739 g/t 13.8 55 18.2 812 580 0.7 160 0.4 0.1 0.1 40.5 273 534 542 1.7 0.3 0.1 437 597 1040 123 515W OD1 Face 3 (O2 Lode) – First New Level at bottom of mine 145E OD1 Face 112 (SOE Lo
Slide 18: Exploration Upside Has Not Changed
Click to edit Master title style For personal use only EXPLORATION UPSIDE HAS NOT CHANGED 17
Slide 19: Norseman – Prolific Field with Massive Growth Potential
NORSEMAN Click – PROLIFIC to edit Master title FIELD style WITH MASSIVE GROWTH POTENTIAL A HIGH SCALE, TOP TIER ASSET WORLD-CLASS GREENSTONE BELT HIGHLY PROSPECTIVE AREA SIGNIFICANT EXPLORATION UPSIDE For personal use only Norseman produced ~6Moz historically Pantoro’s tenure is situated in the sout
Slide 20: Initial Programs Covered Small Portion of Resources
ClickINITIAL to edit PROGRAMS Master title style COVERED SMALL PORTION OF RESOURCES REMAINING MINERAL RESOURCE For personal use only Resource (koz) Production (koz) SMALL PORTION OF AVAILABLE MINERAL RESOURCE FURTHER 4,500 DEVELOPED BY PANTORO TO DATE 4,000 § Less than 30% of the Mineral Resource co
Slide 21: Norseman – Butterfly Area, Mainfield
NORSEMAN Click – BUTTERFLY to edit Master AREA title style NORSEMAN MAINFIELD For personal use only § Large, high grade existing Mineral Resource with over 3km of strike. § Drilling by Pantoro confirms multiple zones of high grade mineralisation. Results include: 5.7 m @ 35.85 g/t Au inc. 1.4 m @ 14