Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pacific Niugini — Investor Presentation (June 2013)
17 slides from Pantoro Gold's investor presentation, Jun 11, 2013
Slide 1: Focussed on Low Cost Gold Production
For personal use only Focussed on Low Cost Gold Production Investor Presentation - June 2013 ASX : PNR
Slide 2: Disclaimer
Disclaimer For personal use only 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 present
Slide 3: Who is Pacific Niugini?
Who is Pacific Niugini? For personal use only ASX listed developer and explorer with two clear focuses 1. Short term gold production through low cost gravity processing operations; 2. Discovery of world class gold and copper – gold deposits in Papua New Guinea. Large scale gold bearing gravel deposi
Slide 4: Corporate Structure
Corporate Structure For personal use only Board: Peter Cook – Non-Executive Chairman. Highly successful Australian mining identity behind companies such as Hill 50 Gold Limited; Abelle Limited, and Metals X Limited. Paul Cmrlec – Managing Director. Mining engineer with strong operational and corpora
Slide 5: Caldera Gold Project - Sonora, Mexico
Caldera Gold Project For personal use only Sonora, Mexico Caldera Project Major gold and silver producing county - Large scale colluvium deposit with volcanic origin +40 Moz Au, +10 Bn oz Ag; Capital of Sonora, major mining service centre. Excellent availability of mining equipment and service
Slide 6: Caldera Gold Project
Caldera Gold Project For personal use only Exciting results reported by current owners* 950kg sample by Resource Developments Inc, Colorado returned 0.57 g/t Au; Trench sampling in 30 x 9m deep pits returned 0.375 g/t gold; 95% of gold is >125μm (favourable for simple gravity recovery). Low ri
Slide 7: Caldera Gold Project – Deal Structure
Caldera Gold Project – Deal Structure For personal use only Key Terms No acquisition payments to the vendors – earning interest through testing and development of the project; Testing being undertaken at the discretion of PNR. No penalties if PNR exit the project at any time; PNR may elect to
Slide 8: Production Plant
Production Plant For personal use only Major plant already owned with 750m3/hr (10 million tonne per annum) nameplate capacity; Plant purchase secondhand in near new condition. Reconfigured for maximum operability by PNR. Approximately 3 months required for completion; Modular design makes tra
Slide 9: Project Timeline
Project Timeline For personal use only Ability to progress quickly - Project Progression to the present time October 2012 – First visit to Caldera; December 2012 – Entered into a binding MOU with the vendors. January 2013 – Commenced construction of 10tph test plant (completed and shipped Marc
Slide 10: Low cost, high profitability
Low cost, high profitability For personal use only Project Development and Operating Costs* Total Project Capital – variable between projects – expected to be in the order of $10 million for Caldera* • Plant Completion and shipping - $3.5 to $5 million; • Land and water acquisition - $1.5 - $2.5 m
Slide 11: PNG Assets
PNG Assets For personal use only EL 1616/ML457 Bulolo – Near term production opportunity with infill program ahead of production recently completed and approvals documentation submitted; EL1614/EL2013 Garaina – Exciting exploration results throughout the past two years. Ready for significant dri
Slide 12: Garaina – Morobe Province
Garaina – Morobe Province For personal use only 12
Slide 13: Garaina Porphyry Target
Garaina Porphyry Target For personal use only Exploration success story Pure green fields exploration to advanced drill target in < 1 year; High grade surface outcrop results in trench samples at Kusi including: • 71m @ 4.96 g/t Au, 4.77 g/t Ag • 34m @ 3.29 g/t Au, 39.17 g/t Ag • 21m @ 2.17 g/t
Slide 14: Garaina – JV Agreement
Garaina – JV Agreement For personal use only Key Terms MGL to spend $6M on exploration to earn 50.1% of the project; A minimum of $3,000,000 and 2,500 metres of diamond drilling are required to be completed before withdrawal. Requirement to pay PNR any shortfall in Wafi Resource Plan view. Curre
Slide 15: Bulolo – Morobe Province
Bulolo – Morobe Province For personal use only 15
Slide 16: Bulolo Gold Project
Bulolo Gold Project For personal use only Raised PNG’s forgotten (and one of the most terraces in the area are prolific) goldfields generally gold bearing Historical production of 2.1 million ounces at and un- average grade of 0.31g/m3; mined Large areas of gravel left un-mined in raised terrace
Slide 17: Summary
Summary For personal use only Production focused with bulk testing underway Exciting opportunity at the Caldera Project in Mexico with extensive testing reported by the current owners returning excellent gold grades and consistency. Grade confirmation is underway; Extensive testing completed at