Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Investor Presentation (February 2017)
24 slides from Pantoro Gold's investor presentation, February 2017
Slide 1: Company Update February 2017
Click to edit Master title style Company Update February 2017 ASX:PNR
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Click Person’s Statement to edit Master title style General Disclaimer • This presentation has been prepared by Pantoro Limited (“Pantoro” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities
Slide 3: Rapidly Growing Gold Production Company
Rapidly Growing Gold Production Click Company to edit Master title style • Pantoro is a gold production company which owns 100% of the Nicolsons Gold Project in Western Australia. • New producer consistently achieving targets within specified timelines. • Region is exceptionally under-explored. Pant
Slide 4: Corporate Overview of Pantoro
Corporate ClickOverview of Pantoro to edit Master title style Share Price Capital Structure Share Price (13/1/17) 23 cps Volume Share Price Ordinary Shares 743.5 million 25 40 Listed Options 34 million 35 Employee and unlisted options and Trading Volume (millions) 20 32 million 30 Closing Share Prec
Slide 5: Nicolsons Gold Mine
Click to edit Master title style Nicolsons Gold Mine 5
Slide 6: Halls Creek Project – 100%
Halls Creek Project – 100% Click to edit MasterPantoro title style • 100% owner of the Halls Creek Project, which includes the Nicolsons Gold Mine. • December 16 Quarter – 9,599 Oz produced. Record production of 4,627 Oz in month of December with ramp up in plant throughput continuing. AISC A$1179/O
Slide 7: Where we started, and where we are heading
Where we started, and Click to edit Master title style where we are heading ~50-60kozpa, AISC < $1,000/oz Next Target 80–100kozpa through further expansion 7
Slide 8: High grade and Open in All Directions
High grade and Open Click in Master to edit All Directions title style Johnston Lode (south) Hall/Anderson Lode (north) 12m @ 13.6g/t (RC) 6m @ 4.3g/t (RC) 0.6m @ 22g/t (diamond) 9m @ 3.3g/t (RC) 2m @ 5.8g/t (RC) 2m @ 6.7g/t (RC) 5m @ 7.4g/t (RC) • Ongoing drilling returning high grades at depth • H
Slide 9: Mineral Resource and Ore Reserve
Mineral Resource and Ore Reserve Click to edit Master title style Last Upgrade May 2016 • Continued to develop outside of reserve; • >100% resource-reserve conversion ratio to date; • Continuing to locate new gold bearing structures; • Expanded drilling effort both in mine and regionally; • Resource
Slide 10: Development of Southern Lodes will double production sources
Development of Southern Lodes Click to edit Master title style will double production sources First level development Johnston Lode South Decline Advancing with current resource in Ore Ore Development Development green Ongoing Ongoing • Large developed stocks inventory. • Advancing Mother Lode devel
Slide 11: Typical Level Development – Hall-Anderson-Mother-Darcy Lodes
Typical Level Development – Hall- Click to edit Master title style Anderson-Mother-Darcy Lodes Anderson Lode Anderson Lode Darcy Lode Darcy Lode Mother Lode • Pre-MiningMother Ore Reserve excluding Lode Johnston, ~500 OVM • Actual Developed Ore, Hall >1,000 OVM Lode • Johnston Lode not yet Hall Lode
Slide 12: Rowdies and Wagtail: A Repeat of Nicolsons?
Rowdies and Wagtail: Click A Repeat of Nicolsons? to edit Master title style • Only 1.5 km south of Nicolsons • Reserve 96.5kt @ 5.55g/t • Significant additional ore identified in drilling and already being extracted in early stages of mining • Outstanding infill drilling results including*: 13 m
Slide 13: Wagtail pits delivering very high grade zones beyond expectation
Wagtail pits delivering very high Click to edit Master title style grade zones beyond expectation • Zones of Very high grade ore similar to bonanza zones in Nicolsons being encountered. • Grade control drilling shows high grade continuing at depth in pits • Ore blocks found to be consistent along st
Slide 14: Rowdies and Wagtail long Section
Rowdies and ClickWagtail long Section to edit Master title style 100 m Depth Limit of Open Pits 200 m • Strong results beneath open pits • Additional diamond drilling in full swing – targeting additional underground development late 2017 14
Slide 15: Wagtail Sections – Looking a lot like Nicolsons!
Wagtail Sections – Looking Click to edit Master title style a lot like Nicolsons! 15
Slide 16: Increasing Grade and Throughput
IncreasingClick Grade and to edit Throughput Master title style • Plant is currently operating well, has 140000 achieved and exceeded feasibility expectations 120000 • Expansion well advanced – operated at rate of 185 ktpa in December with 100000 >50% shifts at rate of 200ktpa or better. Annual Prod
Slide 17: Unlocking the Future
Click to edit Master title style Unlocking the Future 17
Slide 18: High grade and Open in All Directions
High grade and Open Click in Master to edit All Directions title style Johnston Lode (south) Hall/Anderson Lode (north) 12m @ 13.6g/t (RC) 6m @ 4.3g/t (RC) 0.6m @ 22g/t (diamond) 9m @ 3.3g/t (RC) 2m @ 5.8g/t (RC) 2m @ 6.7g/t (RC) 5m @ 7.4g/t (RC) • Ongoing drilling returning high grades at depth • D
Slide 19: Archer Fault Exploration
Archer Fault Click to edit Exploration Master title style UNTESTED • Underground Archer Northern Anderson Repeats? development and Fault Lode drilling has defined the Archer Fault • Spatial control on Hall Lode UNTESTED mineralisation Hall Lode Rowdies Pit Repeat? • Strong zone mapped in Wagtail pit
Slide 20: Understanding the Structure
Understanding the Structure Click to edit Master title style Hall Lode Hall Lode High grade zones east of Forrest Johnston Lode Structure Depth Repeat 19400 19530 North 19500 North North 20
Slide 21: Riedel Shear Zone
Riedel Click to Shear edit Master titleZone style Archer Fault Mother Anderson Lode Lode Darcy Lode Hall Lode Forrest Structure 21
Slide 22: Paddock Well – The Newest High Grade Discovery
Paddock Well – The Newest Click to edit Master title style High Grade Discovery • First drilling at depth yields very high grade results including: • 5m @ 6.23 g/t from 55m including 2m @ 12.67g/t from 58m • 1m @ 28.72 g/t from 72.6 m including 0.7m @ 40.5 g/t • 1m @ 7.77 g/t from 70m • Approximatel
Slide 23: Full development pipeline with numerous drill targets being advanced
Full development pipeline with numerous Click to edit Master title style drill targets being advanced Springvale Fault - 1.5km Outcrop up to 10m Wide, historical high grade surface rock chip samples and drilling with no systematic exploration in last 12 years Archer Fault • Nicolsons North – 12m @ 1
Slide 24: Click to edit Master title style
Click to edit Master title style