Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Shareholder Meeting (November 2023)
28 slides from Pantoro Gold's shareholder meeting presentation, Nov 6, 2023
Slide 1: Annual General Meeting 2023
DRAFT Click to edit Master title style For personal use only ANNUAL GENERAL MEETING 2023
Slide 2: Important Notices
IMPORTANT Click NOTICES to edit Master title style Nature of Document. This presentation has been prepared and issued by Pantoro Limited (Pantoro or Company) to provide general information about Pantoro. For personal use only Summary Information. The information in this document is in summary form a
Slide 3: Important Notices Continued
IMPORTANT Click NOTICES to edit Master titleCONTINUED style Forward Looking Statements and future performance For personal use only This presentation contains forward looking statements about Pantoro. Often, but not always, forward looking statements can be identified by the use of forward looking w
Slide 4: Reserves, Resources & production targets
IMPORTANT Click NOTICES to edit Master titleCONTINUED style Reserves, Resources & production targets: For personal use only Exploration Targets, Exploration Results. The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Mr Scot
Slide 5: Company Overview
Click to edit Master title style For personal use only COMPANY OVERVIEW 5
Slide 6: Annual Summary
PANTORO Click to editANNUAL SUMMARY Master title style OPERATIONS For personal use only § Completed Construction of the Norseman Gold processing plant and commenced operations. § Ramp-up of open pits, underground and processing operations in the most difficult labour market in recent history. § OK u
Slide 7: Norseman: Advancing Towards Steady State
NORSEMAN Click ADVANCING to edit Master TOWARDS STEADY STATE title style Ounces Produced and Feed Grade For personal use only 7,000 3.00 6,000 2.50 BROOME 5,000 2.00 4,000 1.50 3,000 Norseman (100% interest post-Merger) 1.00 Gold, Battery Minerals 2,000 Min Res.: 46.4Mt @ 3.2 g/t AU for 4.79 Moz ~11
Slide 8: Merger with Tulla Resources Completed
MERGER Click WITH to edit TULLA Master titleRESOURCES style COMPLETED Simplified structure for a strengthened operation For personal use only ü Simplified structure removes competing JV priorities 1 100% Project Ownership ü Management focus on Norseman Gold Project ramp-up and future, expected renam
Slide 9: Capital Structure
CAPITAL Click STRUCTURE to edit Master title style BOARD SENIOR MANAGEMENT CAPITAL STRUCTURE For personal use only Share Price1 4.2 cps Wayne Zekulich § Financial management, banking and Scott Huffadine § Geologist with strong Ordinary Shares 5,204 million Chair accounting background Chief Operating
Slide 10: Norseman Gold Project
Click to edit Master title style For personal use only NORSEMAN GOLD PROJECT 10
Slide 11: Norseman Gold Project Overview
NORSEMAN Click GOLD PROJECT to edit Master title style OVERVIEW MULTIPLE MINING CENTRES For personal use only § 800km2 position with 70 km along strike of one of Australia’s most significant goldfields. § Strong Ore Reserve growth since acquisition ongoing. § Production from two key mining centres f
Slide 12: Norseman - Two Active Mining Centres
NORSEMAN Click - TWO title to edit Master ACTIVE styleMINING CENTRES SCOTIA OK MINE For personal use only Mineral Resource 3.9Mt @ 3.6g/t Mineral Resource 0.6Mt @ 10.2g/t Historic Mined Grade 5.9g/t1 Historic Mined Grade 9.1g/t Type OP & UG Type Underground Initial open pit followed Underground mine
Slide 13: OK Mine - Underground
OK MINE Click to edit- UNDERGROUND Master title style OK UNDERGROUND MINE PROGRESS OK Mine Lode Orientation For personal use only Re-commencement Main Lode § Dewatered and fully rehabilitated the bottom 100m vertical of Star of Erin Lode (SOE) the mine. O2 Lode § Installed surface and underground po
Slide 14: Mine Capital Infrastructure and Ore Mining Progress
MINE to Click CAPITAL INFRASTRUCTURE edit Master title style AND ORE MINING PROGRESS For personal use only 14
Slide 15: Star of Erin Development
STARtoOFedit Click ERIN DEVELOPMENT Master title style For personal use only 15
Slide 16: OK Mine - Example High Grade Faces
OKtoMINE Click edit –Master EXAMPLE titleHIGH styleGRADE FACES For personal use only 1. See ASX releases dated 27/7/23, 30/10/2023 16
Slide 17: OK Mine - Example High Grade Faces
OKtoMINE Click edit –Master EXAMPLE titleHIGH styleGRADE FACES For personal use only 260W OD1 145E OD1 1. See ASX releases dated 27/7/23, 30/10/2023 17
Slide 18: Excellent Stope Control
EXCELLENT Click to editSTOPE MasterCONTROL title style For personal use only 127W 345 Level 127W 18
Slide 19: Scotia Open Pits
SCOTIA Click OPEN to edit PITS title style Master § Scotia open pit now developed past historical pit voids substantially improving ore supply from September 2023. For personal use only § Delays in advancing the Scotia open pit have been the primary driver to slower than anticipated site production
Slide 20: Scotia Open Pit Layout
SCOTIA Click OPEN to edit PIT LAYOUT Master title style For personal use only NORTH 20
Slide 21: Scotia - Now Beneath Historical Pit Floors
SCOTIA Click – NOW to edit BENEATH Master HISTORICAL PIT FLOORS title style For personal use only SCOTIA OPEN PIT § Now progressed beneath historical open pits in South and Central zones giving access to good volumes of ore. § Main project delay has been mining delays by contractor in advancing Scot
Slide 22: Scotia - Deep Drilling Reveals Exciting Future
SCOTIA Click – DEEP to edit DRILLING Master REVEALS EXCITING FUTURE title style For personal use only 22
Slide 23: Processing Plant
PROCESSING Click PLANTtitle style to edit Master For personal use only § Project de-risked, with the 1 Mtpa processing plant and supporting infrastructure operating at and above nameplate capacity § Multiple mechanical failures from commencement through to end of FY23 reflects construction quality i
Slide 24: Exploration Upside Has Not Changed
Click to edit Master title style For personal use only EXPLORATION UPSIDE HAS NOT CHANGED 24
Slide 25: Norseman - Prolific Field with Massive Growth Potential
NORSEMAN Click – PROLIFIC to edit Master title FIELD style WITH MASSIVE GROWTH POTENTIAL A HIGH SCALE, TOP TIER ASSET WORLD-CLASS GREENSTONE BELT HIGHLY PROSPECTIVE AREA SIGNIFICANT EXPLORATION UPSIDE For personal use only Norseman produced ~6Moz historically Pantoro’s tenure is situated in the sout
Slide 26: Initial Programs Covered Small Portion of Resources
ClickINITIAL to edit PROGRAMS Master title style COVERED SMALL PORTION OF RESOURCES REMAINING MINERAL RESOURCE For personal use only Resource (koz) Production (koz) SMALL PORTION OF AVAILABLE MINERAL RESOURCE FURTHER 4,500 DEVELOPED BY PANTORO TO DATE 4,000 3,500 § Less than 30% of the Mineral Resou
Slide 27: Norseman - Mainfield
NORSEMAN Click - MAINFIELD to edit Master title style Mainfield is the most prolific mining area at Norseman to date For personal use only u Crown/ and one of the highest grade gold fields in WA. Mararoa St Pats u First pass drilling completed with focus areas identified. u Drill areas focussed on z
Slide 28: Norseman - Butterfly Area
NORSEMAN Click – BUTTERFLY to edit Master AREA title style For personal use only Plan View Showing relationship with Section view showing sub-vertical dominant Maroroa Reef and Norseman mineralisation relative to flatter Reef Mararoa Reef 28