Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pacific Niugini — Investor Presentation (October 2011)
19 slides from Pantoro Gold's investor presentation, October 2011
Slide 1: Mineral Exploration and Development in PNG
“Mineral Exploration and Development in PNG” October 2011
Slide 2: The Company
The Company Established in 2007 to capitalise on PNG potential and operating know-how: Hand picked tenements and senior staff. 5 granted tenements with a number of applications in advanced stages of processing. Pacific Niugini Minerals initially operated as a private company, and moved into ASX
Slide 3: Corporate Structure
Corporate Structure Board: Capital Structure: Peter Cook – Non-Executive Chairman Market Capitalisation @ 35c – $87 Million Paul Cmrlec – Managing Director Ordinary Shares – 242.6 Million David Osikore – Executive Director Sam Akoitai – Non Executive Director Unlisted Options @ 20 cents – 18.0 Milli
Slide 4: Operating Philosophy
Operating Philosophy Local knowledge and skills: PNG operations are operated and managed by solely Melanesian team. Company Director, and prominent PNG geologist David Osikore leads the in-country works. Local knowledge and respect for culture provides opportunities for access and relationships
Slide 5: Key Assets
Key Assets Five exploration projects: Bulolo – Near term production opportunity with massive areas for consideration. Garaina – Exciting high grade trenching results at the Kusi Prospect. Initial reconnaissance drilling underway. Gusap – Large Copper Porphyry target in vastly under-explored ar
Slide 6: Bulolo Gravel Project
Bulolo Gravel Project PNG’s “Forgotten Goldfield” Historically PNG’s first and one of the most prolific gold fields. 2.1 million ounces of gold produced in periods 1934 to 1942 and 1947 to 1965. Areas left undredged due to constraints associated with dredging equipment. Only dredged to <35m
Slide 7: Focused on Production
Focused on Production Work Program: Drilling and test pitting has commenced. Mining approvals work to be undertaken in parallel with testing program. Processing plant is being re-engineered to suit Bulolo project. 400m3/hr plant purchased and being modified for Modified plant layout. Detailed
Slide 8: Work Program
Work Program Drilling and test pitting has commenced in old tailings areas. Testing is showing extensive gold in previously worked areas. Working to finalise agreement with PNGFP in pastoral lease areas. 8
Slide 9: Test Plant in Operation
PacificNeini Test Plant in Operation
Slide 10: Mining Plan
Pacific Nivgini Mining Plan 10
Slide 11: Primary Mineralisation
Primary Mineralisation The source of gold within the Bulolo Alluvial field is yet to be identified. The Pacific Niugini tenement area encapsulates a number of streams which deposit in the Bulolo Valley. To be further pursued once gravel deposits are advanced 11
Slide 12: Garaina Exploration
Garaina Exploration Located within the Owen Stanley Metamorphic belt. Highly prospective for: • Hidden Valley style epithermal gold; • Large scale porphyry mineralisation; • Skarn/replacement style mineralisation. Extensive sampling programs underway at the Kusi Prospect - more than 2500m of tre
Slide 13: Kusi Prospect
Kusi Prospect Extensive area of gold/silver mineralisation 2km x 0.8km mapped to tenement boundary. Trench sample results confirming continuity of mineralisation at surface, including extensive high grade gold and silver intercepts. Additional ore of similar nature identified north of main dis
Slide 14: High-grade Results
High-grade Results Trench/Costean results • 34m @ 3.29 g/t Au, 39.17 g/t Ag • 21m @ 2.17 g/t Au, 4.34 g/t Ag • 7m @ 3.04 g/t Au, 2.54g/t Ag • 11m @ 2.45 g/t Au, 8.92 g/t Ag • 12m @ 2.75 g/t Au, 4.8 g/t Ag • 7m @ 2.17 g/t Au, 18.72 g/t Ag • 7m @ 2.43 g/t Au, 0.67 g/t Ag • 53m @ 1.97 g/t Au, 6.76 g/t
Slide 15: Gusap Exploration
Gusap Exploration Prime location on the under- explored Finister Range. Initial exploration has identified copper/gold mineralisation in several areas including Turingopo and Gabana Prospects. Comprehensive heli-mag survey underway to further constrain underlying source mineralisation Discov
Slide 16: Mt Hagen Exploration
Mt Hagen Exploration Tenement now 100% owned with EDM earn-in cancelled. Two exciting exploration prospects identified to date – Kotna and Paglum. Both areas considered prospective for discovery of large copper/gold porphyry bodies with good magnetic signatures. Mt Hagen Town Drilling has comm
Slide 17: Zenag Exploration
Zenag Exploration Strategic land holding with excellent discovery potential. Approximately 12 km south of Wafi-Golpu, with very similar magnetic signature. Harmony Gold have previously reported high grade results from the same anomaly – Biamena Prospect. 17
Slide 18: Value Proposition
Value Proposition Home Grown PNG Focused Company: All tenements in highly prospective areas, with outcropping mineralised structures now mapped in all tenements. Exciting initial results at Garaina. Near term production opportunity within the Bulolo Alluvial Project, with a significant processin
Slide 19: Disclaimer
Disclaimer General Disclaimer This presentation has been prepared by Pacific Niugini Limited (“Pacific Niugini” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentation contains forecas
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