Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Shareholder Meeting (November 2021)
26 slides from Pantoro Gold's shareholder meeting presentation, Nov 17, 2021
Slide 1: Annual General Meeting - November 2021
Click to edit Master title style For personal use only ANNUAL GENERAL MEETING - NOVEMBER 2021 ASX:PNR
Slide 2: Important Notices
Click toIMPORTANT NOTICES edit Master title style For personal use only Nature of Document. This presentation has been prepared and issued by Pantoro Limited (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon
Slide 3: Western Australian Focused Miner
WESTERN Click AUSTRALIAN FOCUSED to edit Master titleMINER style For personal use only PANTORO IS AN AUSTRALIAN PRECIOUS METALS PRODUCER, DEVELOPER AND EXPLORER STRONG BALANCE SHEET BROOME • $55.4 million cash and gold at 31 October 2021 • Fully drawn $30 million corporate debt facility HALLS CREEK
Slide 4: Corporate Overview of Pantoro
CORPORATE OVERVIEW Click to OF title edit Master PANTORO style For personal use only SHARE PRICE BOARD Volume Share price WAYNE ZEKULICH – NON EXECUTIVE CHAIRMAN PAUL CMRLEC – MANAGING DIRECTOR $0.40 25 § Financial management, banking and accounting background. § Mining Engineering background with 2
Slide 5: Halls Creek (PNR 100%)
Click to edit Master title style For personal use only HALLS CREEK (PNR 100%) HALLS CREEK (PNR 100%) § Strong cashflow throughout the year. § Nearly two years in Proved Reserves underground. Proved Reserves are fully developed. § Continue to substantially replace mining depletion further extending m
Slide 6: Halls Creek Project – Keeps on Giving
ClickPROJECT HALLS CREEK to edit Master – KEEPS title style ON GIVING For personal use only PANTORO’S FIRST DEVELOPMENT HAS DELIVERED OVER A LONG PERIOD HALLS CREEK LOCATION & § Proven high grade production & uninterrupted gold production since Sep 2015 REGIONAL TENEMENTS § Commenced operations in F
Slide 7: Halls Creek Project – Operational Outcomes
HALLS CREEK PROJECT – OPERATIONAL Click to edit MasterOUTCOMES title style For personal use only u Consistent production well within guidance for entire year. u Industry competitive unit costs despite relatively small mine size. u Reliable cashflow consistently contributing to company growth. u Cons
Slide 8: Halls Creek Project – Exciting Lamboo PGE Discovery
Click toLAMBOO HALLS CREEK PROJECT – EXCITING edit Master PGE title style DISCOVERY For personal use only LARGE PGE SYSTEM § Layered ultramafic basal contact spanning >20km. § Thick mineralisation from surface. Both Western and Eastern Limbs of folded sequence confirmed with consistent mineralisatio
Slide 9: Lamboo PGE Discovery – Consistent Wide Intercepts on Both Fold Limbs
LAMBOO PGE DISCOVERY – CONSISTENT WIDE Click INTERCEPTS to edit ON BOTHtitle Master FOLD LIMBS style For personal use only 9
Slide 10: Lamboo PGE Discovery – Excellent Width from Surface
Click to edit LAMBOO PGE DISCOVERY – EXCELLENT Master WIDTH FROM title style SURFACE For personal use only Western Limb Eastern Limb (Edison) 10
Slide 11: Norseman Gold Project (PNR 50%)
Click to edit Master title style For personal use only NORSEMAN GOLD PROJECT (PNR 50%) NORSEMAN GOLD PROJECT (PNR 50%) § Completed Phase 1 DFS in October 2021 and moved immediately towards construction. § Successfully completed permitting requirements with construction now underway. § Maiden Mineral
Slide 12: Project Development Timeline
PROJECT Click DEVELOPMENT to edit MasterTIMELINE title style For personal use only KEY POINTS CRITICAL PATH § Project approvals have now been finalised with construction underway. § Processing plant is critical path. § Construction time 47 weeks from commencement (11 October). PROCESSING PLANT CONST
Slide 13: Plant Site Pre-Commencement
PLANT SITEtoPRE-COMMENCEMENT Click edit Master title style For personal use only 13
Slide 14: Plant Site November 2021
PLANT Click SITE 11 Master to edit NOVEMBER 2021 title style For personal use only 14
Slide 15: Leach Tank Civils Complete and Construction Underway
LEACH TANK CIVILS COMPLETE ANDClick CONSTRUCTION UNDERWAY to edit Master title style For personal use only 15
Slide 16: Mill Base and Structure
MILLtoBASE Click AND STRUCTURE edit Master title style For personal use only 16
Slide 17: Strong Interest – Mining Contract Tender
STRONG INTERESTClick - MINING CONTRACT to edit TENDER Master title style For personal use only 17
Slide 18: Norseman – Phase 2 Focus: Scotia Mainfield
MAINFIELD NORSEMAN Click – PHASEtitle to edit Master 2 FOCUS style For personal use only SCOTIA MAINFIELD – ONE OF THE HIGHEST GRADE GOLDFIELDS IN AUSTRALIA § Focus to remain on strike and depth § Multiple targets in this iconic field with a blend of resource development, follow up of high grade res
Slide 19: Scotia – An Exploration Success Story
SCOTIA – ANClick EXPLORATION SUCCESS to edit Master title STORY style For personal use only GREEN LANTERN DISCOVERY & MRE GREEN LANTERN § Green Lantern discovery announced in August 2020 revealed a number of wide, ore 28m @ 8.41 g/t Au 9m @ 5.44 g/t Au grade intersections in a zone which had not pre
Slide 20: Scotia – A Big Mining Centre Getting Bigger
SCOTIA – A BIG MINING Click toCENTRE GETTING edit Master BIGGER title style For personal use only SCOTIA PANTORO DRILLING § Historic mined grade of 5.9g/t 4m @PANTORO 44.46 g/t AuDRILLING 11m @ 6.27 g/t Au (open pit and underground 5 m @ 15.91 g/t Au 4m @ 7.61 g/t Au 10 m @ 11.60 g/t Au 8m @ 3.45 g/
Slide 21: Norseman Mainfield – The Next Drill Focus
NORSEMAN MAINFIELD Click –toTHE editNEXT DRILL Master titleFOCUS style For personal use only u Mainfield is the most prolific mining area at Crown/ Norseman to date. Mararoa St Pats u First pass drilling completed with focus areas identified. u Drill areas focussed on zones easily accessed from exis
Slide 22: Corporate Outcomes
Click to edit Master title style For personal use only CORPORATE OUTCOMES CORPORATE § Another year of successful management of COVID-19 issues allowed the company to continue to thrive. § Major capital raise realising $55 million before costs in August 2020. § $30 million corporate debt facility in
Slide 23: ESG Highlights
ESG HIGHLIGHTS Click to edit Master title style For personal use only Pantoro making ESG outcomes a priority for the coming year • Building on a strong base of existing ESG achievements reflecting our our Core Values. • Over 10 works approvals/licence amendments, mining proposals and mine closure pl
Slide 24: Corporate Debt Facility
ClickCORPORATE DEBT to edit Master FACILITY title style For personal use only Flexible Corporate Debt Facility: • No project finance covenants – only minimum liquidity and forward cover ratios. • No security over Norseman tenure – freedom to modify plan to ensure optimal outcomes at all times. • No
Slide 25: Maximus Resources Investment
MAXIMUS RESOURCES Click to INVESTMENT edit Master title style For personal use only Early investment in high grade gold: • Only 90 Km from Norseman. • Very high grade history at Wattle Dam. • Multiple high grade results over 1km of strike. 25 Refer to ASX:MXR announcement 9 November 2021
Slide 26: Pantoro – Charging Ahead with Production and Growth
Click to edit Master title style For personal use only PANTORO – CHARGING AHEAD WITH PRODUCTION AND GROWTH STRONG BALANCE SHEET NEAR TERM PRODUCTION SOLID CASHFLOW FROM FROM NORSEMAN HALLS CREEK § Unhedged § Initial 7 Year mine life now § Halls Creek continues to deliver § Fully funded cash position