Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Investor Presentation (October 2021)
26 slides from Pantoro Gold's investor presentation, Oct 7, 2021
Slide 1: Tulla Resources Plc Investor Presentation
Tulla Resources Plc ASX:TUL Developing the historically producing High grade Norseman Gold Project, WA. Investor Presentation OCTOBER 2021 North Royal Pit
Slide 2: Disclaimer
Disclaimer This presentation is provided by Tulla Resources Plc (ARBN 122 088 073) (Tulla Resources or the Company). Statements in this presentation are made only as 30 September 2021 and the information in this presentation remains subject to change without notice. The information in this presentat
Slide 3: Disclaimer (Continued)
Disclaimer (Continued) Future performance This presentation contains certain forward-looking statements (including financial forecasts) with respect to the financial condition, operations and business of the Company and certain plans and objectives of the management of Tulla Resources. Forward-looki
Slide 4: Corporate Snapshot
Corporate Snapshot Tulla Resources (ASX:TUL) owns a 50% interest in the historically producing Norseman Gold Project, located in the Eastern Goldfields of Western Australia, at the southern end of the highly productive Norseman-Wiluna greenstone belt. In October 2020 a DFS2 was released1 on the Proj
Slide 5: Board and Management
Board and Management Kevin Maloney Mark Maloney Michael Anglin Andrew Greville Frederick Kempson Executive Chairman Executive Director Non-Executive Director Non-Executive Director Non-Executive Director • Extensive career in international • Previously, Mark was Chief • Michael spent 22 years with B
Slide 6: Investment Highlights
Investment Highlights 50% Interest in the Norseman Gold • Extensive Mineral Resources of 42.0Kt @ 3.4 g/t Au for 4.5Moz and with an Ore Reserve of 713Koz1 (100%) Project as • Initial seven-year project life, with average production of 108Koz per year, peaking at 119Koz in year two of Cornerstone pro
Slide 7: Fully Committed JV
Fully Committed JV In May 2019, Tulla Resources entered into a farm-in and joint venture agreement (FJVA) to sell a 50% share in the Norseman Gold Project to Pantoro. Rationale A 50% Joint-Venture • Tulla Resources continue to see long-term upside in the asset; maintaining a 50% interest provides ex
Slide 8: Norseman Gold Project (50%)
Norseman Gold Project (50%) Multiple Mining Centres • Large tenure position of 148 Tenements covering approximately 70 km of strike • 6 Mining Centres with focus on initial 4 key Mining Centres (Cobbler, Scotia, Gladstone, and OK) in the first 7 years • Feasibility work complete and approvals in pla
Slide 9: Leveraging Existing Infrastructure
Leveraging Existing Infrastructure The Norseman Gold Project is adjacent to the Norseman township, with existing infrastructure already in place. ▪ Old plant demolished and contract with GR Engineering Services to construct a new 1Mtpa carbon in leach processing plant (with flexibility Processing Pl
Slide 10: DFS Highlights and Evaluation
DFS Highlights and Evaluation The Norseman Gold Project Phase 1 Mine Plan is considered operationally and economically robust, with potential to significantly increase value with extended LOM from additional resource tonnes Highlights ANNUAL PRODUCTION BY SOURCE OuncesProduction • A Definitive Feasi
Slide 11: Project Development Timeline
Project Development Timeline Key Points Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 21 21 21 22 22 22 22 22 22 22 22 Critical Path • Final statutory approvals granted in October 2021 Approvals Finalised • Processing plant is critical path • Construction time 47 weeks Processing Plant Contractor Site
Slide 12: Phase Plan Considered Small Portion of Resources
Phase 1 Plan Considered Small Portion of Resources Remaining REMAININGMINERALRESOURC Mineral E Resource (koz) Small Portion Of Available Mineral Resource 4,500 Resource (koz) Mineral Resource AccumulatedProduction Production(koz) Further Developed By Pantoro To Date 4,000 4,500 0 3,500 70 • Only 30%
Slide 13: Norseman – Phase 2 Focus
Norseman – Phase 2 Focus Scotia Mainfield – One Of The Highest-Grade Goldfields In Australia • Focus to remain on strike and depth extensions. • Multiple targets in this iconic field with a blend of resource development, follow • Additional exploration underway. up of high grade results away from wo
Slide 14: Scotia – An Exploration Success Story
Scotia – An Exploration Success Story • Green Lantern discovery announced in August 2020 revealed a number of wide, ore grade intersections in a zone which had not previously been 28m @ 8.41 g/t Au drilled 9m @ 5.44 g/t Au Scotia Mining Centre Plan View • Near surface mineralisation identified over
Slide 15: Scotia Mining Centre – Green Lantern
Scotia Mining Centre – Green Lantern Green Lantern • Green Lantern discovery announced in August 2020 revealed a number of wide, ore grade intersections in a zone which had not previously been drilled • Near surface mineralisation identified over a strike length of approx. 800 metres • Multiple Lode
Slide 16: Scotia – A Big Mining Centre Getting Bigger
Scotia – A Big Mining Centre Getting Bigger Scotia Open Pit • Historic mined grade of 5.9g/t (open pit and underground combined) • Mined from 1987-1996 • Current Open Pit 1.1 km Long • The Scotia Open Pit Mineral Resource has seen an increase in the Indicated Mineral Resource category related to add
Slide 17: Norseman Mainfield
Norseman Mainfield Mainfield is the most prolific mining area at Norseman to date. Crown/ Mararoa St Pats First pass drilling completed with focus areas identified. Drill areas focussed on zones easily accessed from existing infrastructure 6km Crown Large areas unmined previously South Very high gra
Slide 18: Norseman Mainfield
Norseman Mainfield MARCD21_061 MARCD21_077 MARCD21_058 0.3m @ 3.79 g/ t CROWN Click to edit Master title REEF 2m @ 2.66 g/ t 5.7m @ 35.85 g/ t inc. 1.4m @ 141.57 g/ t style MARCD21_084 1.9m @ 2.00 g/ t MARCD21_078 1.4m @1.39 g/ t Viewing Angle: Azimuth: 300 Dip: -30 Legend:Historic Underground Gold
Slide 19: Regional Geology Overview
Regional Geology Overview Overview Project Tenement Setting • The Norseman Gold Project is located within late Archean age rocks at the southern extremity of the Kalgoorlie Terrane, part of the Eastern Goldfields Superterrane in the Yilgarn Craton • The lower part of the stratigraphic succession is
Slide 20: Norseman - Historic Production & Exploration Upside
Norseman - Historic Production & Exploration Upside A High Scale, Top Tier Asset World-class Greenstone Belt Highly Prospective Area Significant Exploration Upside Norseman produced ~6Moz The Norseman Gold Project tenure is The area between Norseman and The Norseman Gold Project 50% historically and
Slide 21: Tulla Resources’ Strategy
Tulla Resources’ Strategy Tulla Resources’ strategy is focused on bringing the Norseman Gold Project into production, and then acquiring other resource assets to provide commodity and geographical diversity. Bringing the Norseman Gold Project into production is an immediate priority in order to Cash
Slide 22: Appendix
Appendix 22
Slide 23: Detail on the Norseman Gold Project
Detail on the Norseman Gold Project Project Details Project Tenement Setting • Eastern Goldfields of Western Australia • Southern end of the Norseman-Wiluna greenstone belt Location • Tier 1 location in the Eastern Goldfields, ~725km east of Perth, ~200km south of Kalgoorlie and ~200km north of Espe
Slide 24: Norseman Mineral Resource and Ore Reserve
Norseman Mineral Resource and Ore Reserve* The Norseman Gold Project boasts a high-grade mineral endowment across its prospective mining tenements. * Refer to the Full Annual Mineral and Reserve Statement dated 27 September 2021 (ASX:TUL) 24
Slide 25: Infrastructure Location Map
Infrastructure Location Map
Slide 26: Contact
Contact Mark McIntosh Stephen Maffey CFO Company Secretary / General Counsel mark.mcintosh@tulla.com.au stephen.maffey@tulla.com.au + 61 (0) 2 9095 4266