Pantoro Gold Limited · ASX:PNR

Pantoro Gold — Pacific Niugini — Investor Presentation (May 2011)

17 slides from Pantoro Gold's investor presentation, May 4, 2011

1. Slide 1: Mineral Exploration and Development in PNG – Investor Update May 2011

   For personal use only “Mineral Explora.on and Development in PNG” Investor Update May 2011 ASX TICKER: PNR

2. 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

3. Slide 3: Corporate Structure

   Corporate Structure For personal use only Board: Capital Structure: Peter Cook – Non-­‐Execu8ve Chairman Market Capitalisa8on (40c) $95.6 Million Paul Cmrlec – Managing Director Enterprise Value $77.0 Million David Osikore – Execu8ve Director Ordinary Shares – 239.0 Million Unlisted Op8ons @ 30 cent

4. Slide 4: Key Assets

   Key Assets For personal use only Five explora8on projects: Ø Bulolo – Near term produc8on opportunity with excellent explora8on poten8al. Ø Mt Hagen – Currently drilling porphyry copper target. Ø Garaina – Virgin epithermal Gold-­‐silver discovery. Ø Gusap – New copper-­‐gold discovery “Yanganon

5. Slide 5: Operating Philosophy

   Operating Philosophy For personal use only Local knowledge and skills: Ø PNG opera8ons are operated and managed by solely Melanesian team. Company Director, and prominent PNG geologist David Osikore leads the in-­‐country works. Ø Local knowledge and respect for culture provides opportuni8es for a

6. Slide 6: Bulolo Alluvial Project

   Bulolo Alluvial Project For personal use only PNG’s “ForgoAen Goldfield” Ø Historically PNG’s first and one of the most prolific gold fields. Ø 2.1 million ounces of gold produced in periods 1934 to 1942 and 1947 to 1965. Ø Large area’s un-­‐mined and deeper gold-­‐bearing gravels exist. Ø Deepest d

7. Slide 7: Bulolo Alluvial Project

   Bulolo Alluvial Project For personal use only Work Program: Ø Drilling and test pimng to commence in June 2011 Quarter. Ø Mining approvals work to be undertaken in parallel with tes8ng program. Ø Plant construc8on to commence as soon as approvals are in place and work programs provide suitable st

8. Slide 8: Bulolo - Primary Source Exploration

   Bulolo- Primary Source Exploration For personal use only Ø The source of gold within the Bulolo Alluvial field is yet to be iden8fied. Ø The Pacific Niugini tenement area encapsulates a number of streams which deposit in the Bulolo Valley. Ø New geophysical data from the geological survey is being a

9. Slide 9: Mt Hagen Exploration

   Mt Hagen Exploration For personal use only Ø Tenement subject to Joint Venture with Eldore Mining Corpora8on (ASX:EDM). Ø EDM earning 60% by spending $2 million over 3 years. PNR subsidiary company managing all on-­‐ ground explora8on. Ø Two exci8ng explora8on prospects iden8fied to date – Kotna a

10. Slide 10: Kotna Prospect

    Kotna Prospect For personal use only Ø Outcropping porphyry copper mineralisa8on iden8fied. Ø Reconnaissance sampling, mapping and trenching completed with ini8al drill target confirmed. Ø First drilling program underway – objec8ve to iden8fy large scale porphyry copper gold deposit. Ø Ini8al dril

11. Slide 11: Paglum Prospect

    Paglum Prospect For personal use only Ø Extensive copper-­‐gold mineralisa8on iden8fied within outcropping spaced quartz-­‐sulphide veins in porphyri8c diorite. Ø Grid based soil sampling iden8fied significant co-­‐incident copper and gold anomalies. Ø Work to focus on Kotna in coming months with Pa

12. Slide 12: Garaina Exploration

    Garaina Exploration For personal use only Ø Located within the Owen Stanley Metamorphic belt. Highly prospec8ve for: • Hidden Valley style epithermal gold; • Large scale porphyry mineralisa8on; • Skarn/replacement style mineralisa8on.. Ø Extensive sampling programs underway at the Kusi Prospect fo

13. Slide 13: Kusi Prospect

    Kusi Prospect For personal use only Ø Epithermal vein mineralisa8on 1.5km x 0.6km mapped to tenement boundary. Ø High grade mineralisa8on iden8fied in skarn/ replacement zones at the contact of marble beds and mineralising intrusive units. Ø Broad background assay results sugges8ng the presence of

14. Slide 14: Example Surface Results

    Example Surface Results For personal use only Trench/Costean results 27.4m @ 0.33 g/t Au, 18.51 g/t Ag, 1.08% Pb & 0.84% Zn 28m @ 0.22g/t Au, 2.55g/t Ag, & 0.14% Zn 13m @ 0.16g/t Au, 1.97g/t Ag, 1m @ 0.89 g/t Au, 6.2g/t Ag & 4.91% Zn 61m @ 0.58 g/t Au, including: 19m @ 1.28 g/t Au & 0.14% As 13m @ 1

15. Slide 15: Gusap Exploration

    Gusap Exploration For personal use only Ø Prime loca8on on the under-­‐ explored Finistere Range. Ø Reconnaissance explora8on has iden8fied copper/gold mineralisa8on in several areas including Turingopo and Gabana Prospects. Ø New discovery of high grade copper mineralisa8on at “Yanganon” during t

16. Slide 16: Zenag Exploration

    Zenag Exploration For personal use only Ø Significant anomaly and strategic land holding with excellent discovery poten8al. Ø Approximately 12 km south of Wafi-­‐Golpu, with very similar magne8c signature. Ø Harmony Gold have previously reported high grade results from the same anomaly – Biamena Pr

17. Slide 17: Value Proposition

    Value Proposition For personal use only Home Grown PNG Focused Company: All explora8on 8tles in highly prospec8ve areas, with outcropping mineralised structures iden8fied in all tenements. Drilling underway at Mt Hagen and imminent at Garaina. All Melanesian technical team made up of well respected a

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