Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Investor Presentation (June 2020)
22 slides from Pantoro Gold's investor presentation, Jun 22, 2020
Slide 1: Investor Presentation June 2020
Click to edit Master title style For personal use only INVESTOR PRESENTATION JUNE 2020 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 Gold Miner
WESTERN AUSTRALIAN Click toFOCUSED GOLD edit Master titleMINER style For personal use only PANTORO IS AN AUSTRALIAN GOLD PRODUCER, DEVELOPER AND EXPLORER BROOME STRONG BALANCE SHEET with A$27.4 million in cash and gold at 31 March 2020, and debt free. HALLS CREEK UNHEDGED benefitting from strong gol
Slide 4: Corporate Overview of Pantoro
CORPORATE OVERVIEW Click to OF title edit Master PANTORO style For personal use only SHARE PRICE Volume Share Price BOARD $0.30 60m WAYNE ZEKULICH – NON EXECUTIVE CHAIRMAN PAUL CMRLEC – MANAGING DIRECTOR Millions § Financial management, banking and accounting background. § Mining Engineering backgro
Slide 5: Norseman Gold Project (PNR 50%)
Click to edit Master title style For personal use only NORSEMAN GOLD PROJECT (PNR 50%) 5
Slide 6: Norseman Gold Project – Outstanding Tier 1 Province
NORSEMAN GOLD PROJECT – OUTSTANDING TIER 1 PROVINCE Click to edit Master title style For personal use only LOCATION § Outstanding tier 1 location 200 km from Kalgoorlie via major sealed highway. § CNGP was established on a large scale by Western Mining in 1935 and HISTORY operated almost continuousl
Slide 7: JORC Resource
JORC RESOURCE Click to edit Master title style For personal use only NORSEMAN (PNR 50%) Underground Surface Tonnes Grade Contained Au Tonnes Grade Contained Au Category Category (M) (g/t) (Moz) (M) (g/t) (Moz) Measured 0.3 13.90 0.1 Measured 4.3 0.80 0.1 Indicated 1.3 17.86 0.8 Indicated 11.4 2.02 0
Slide 8: Top Tier WA Gold Project
TOP Click toTIER edit WA GOLDtitle Master PROJECT style For personal use only NORSEMAN’S RESOURCE IS AMONGST THE HIGHEST GRADE OF THE LARGE-SCALE WA GOLD PROJECTS Western Australian Gold Projects with >2.5Moz Resource All WA Gold Projects g/t Resource Grade Contained Au Moz Moz Resource Contained Au
Slide 9: Project Development Strategy
PROJECT DEVELOPMENT Click to STRATEGY edit Master title style For personal use only DUAL STRATEGY FIRST-FOCUS MINING CENTRES 1. Near Term Development – Existing resources to be drilled to mine ready status. Princess Royal / 2. New Discovery – High potential targets on Lake Cowan and other untested s
Slide 10: Project Implementation: Drilling Underway and Producing Results
PROJECT IMPLEMENTATION Click to edit Master title style For personal use only DRILLING UNDERWAY AND PRODUCING RESULTS § Drilling commenced in the first week of August 2019, approximately 1 month after acquisition. § Strong results from all mining areas drilled to date. § Approximately 60,000m+ drill
Slide 11: Stage One Mining Plan
ClickSTAGE to editONE MINING Master PLAN title style For personal use only SIMPLE 3-4 YEAR COMMENCEMENT STRATEGY PAVING THE WAY FOR A LONG LIFE OPERATION GLADSTONE SCOTIA Mineral Resource 250Koz Mineral Resource 413Koz Historic Mined Grade 4.6g/t Historic Mined Grade 5.9g/t1 Type Open pit Type Open
Slide 12: Feed Supported by High Grade Open Pits
FEED SUPPORTED BYtoHIGH Click edit GRADE Master OPEN PITS title style For personal use only GLADSTONE-EVERLASTING SCOTIA PANTORO DRILLING PANTORO DRILLING 4m @ 44.46 g/t Au 11m @ 6.27 g/t Au § Historic mined grade of § Historic mined grade of 5 m @ 15.91 g/t Au 4m @ 8.26 g/t Au 2m @ 18.11 g/t Au 4m
Slide 13: High Grade OK Underground Mine
Click toOK HIGH GRADE edit Master title style UNDERGROUND MINE For personal use only HISTORICAL PRODUCTION GRADE OF ~9.1G/T OK MINE LONG SECTION § OK Mine produced approximately 500Kt @ 9.1g/t up to 1997. § OK Mine is fully accessible with ground support in good condition and most infrastructure sti
Slide 14: Project Progressing on Schedule
PROJECT PROGRESSING Click ON SCHEDULE to edit Master title style For personal use only Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Processing Plant Definitive Feasibility Study PROCESSING PLANT AND INFRASTRUCTURE Permitting RESOURCE & RESERVE Resource and Reserve Definition SITE
Slide 15: Norseman - Historic Production & Exploration Upside
NORSEMAN - HISTORIC PRODUCTION Click to&edit EXPLORATION Master titleUPSIDE style For personal use only A HIGH SCALE, TOP TIER ASSET WORLD-CLASS GREENSTONE BELT HIGHLY PROSPECTIVE AREA SIGNIFICANT EXPLORATION UPSIDE Norseman produced ~6Moz historically Pantoro’s tenure is situated in the southern Th
Slide 16: Exceptional Exploration Footprint – Dominant Tenement Position
EXCEPTIONAL EXPLORATION FOOTPRINT – DOMINANT TENEMENT Click to edit POSTION Master title style For personal use only OUTSTANDING EXPLORATION TARGETS § Multiple +1Moz Targets. § No systematic exploration at Norseman since early 1990’s – limited to only 5 years. § Extensive tenure covering the Lake Co
Slide 17: Panda Discovery - Demonstration of Exploration Upside
PANDA DISCOVERY - DEMONSTRATION OFedit Click to EXPLORATION Master titleUPSIDE style For personal use only NEW HIGH GRADE DISCOVERY FROM UNTESTED STRUCTURE AT SCOTIA § The Panda discovery is located approximately 250 metres west of the current Scotia Mineral Resource on a parallel but previously unt
Slide 18: Substantial Infrastructure in Place
SUBSTANTIAL INFRASTRUCTURE Click IN PLACE to edit Master title style For personal use only PANTORO WILL LEVERAGE THE OUTSTANDING EXISTING INFRASTRUCTURE PACKAGE TO RESTART NORSEMAN EXTENSIVE MINE INFRASTRUCTURE § Several workshop and office complexes in place including at Phoenix plant (main infrast
Slide 19: Halls Creek Project (PNR 100%)
Click to edit Master title style For personal use only HALLS CREEK PROJECT (PNR 100%) 19
Slide 20: Halls Creek Project
Click to HALLS edit Master CREEK title style PROJECT For personal use only PANTORO’S FIRST DEVELOPMENT HALLS CREEK LOCATION & REGIONAL TENEMENTS § Successfully built operations from the ground up. § Proven high grade production & uninterrupted gold production since Sep 2015. § Commenced operations i
Slide 21: Halls Creek Latest Performance
HALLSClick CREEK toLATEST PERFORMANCE edit Master title style For personal use only HALLS CREEK § Significant improvement in operational and cashflow performance: § Operational cashflow increased 58% qoq. § Project expenditure reduced ~11% qoq. § Production of 9,085oz, expected production rate for c
Slide 22: Summary
Click to edit Master SUMMARY title style For personal use only PANTORO IS AN AUSTRALIAN GOLD PRODUCER AND DEVELOPER WITH A UNIQUE WESTERN AUSTRALIAN PROJECT PORTFOLIO STRONG BALANCE SHEET RAPIDLY DE-RISKING LARGE HIGH-GRADE NORSEMAN PROJECT PLAN MINERAL RESOURCE with A$27.4 million in cash and Activ