Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Diggers and Dealers 2021
25 slides from Pantoro Gold's conference presentation, Aug 3, 2021
Slide 1: Diggers and Dealers - August 2021
Click to edit Master title style For personal use only DIGGERS AND DEALERS - AUGUST 2021 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 STRONG BALANCE SHEET BROOME DEBT FREE HALLS CREEK UNHEDGED benefitting from strong gold price LARGE HIGH-GRADE MINERAL RESOURCE 19 million tonnes
Slide 4: Corporate Overview of Pantoro
CORPORATE OVERVIEW Click to OF title edit Master PANTORO style For personal use only SHARE PRICE Volu me Share p rice BOARD $0 .30 20 WAYNE ZEKULICH – NON EXECUTIVE CHAIRMAN PAUL CMRLEC – MANAGING DIRECTOR $0 .20 15 § Financial management, banking and accounting background. § Mining Engineering back
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: Phase One Mine Plan DFS Highlights
PHASE Click to edit 1 MINE Master PLAN title style For personal use only DFS HIGHLIGHTS Financially attractive gold mining operation underpinned by 1 initial 7 year Phase One project life. Impressive project cashflow of $486 million (pre-tax) and 2 IRR 92% (pre-tax) at A$2,600 gold price. Average pr
Slide 7: Project Development Timeline
PROJECT Click DEVELOPMENT to edit MasterTIMELINE title style For personal use only KEY POINTS CRITICAL PATH § All project elements in place awaiting final statutory approvals. § Processing plant is critical path. § Construction time 47 weeks from grant of approvals. PROCESSING PLANT CONSTRUCTION § A
Slide 8: Production Underpinned by Major Mining Centres
PRODUCTION UNDERPINNED BY MAJOR Click MININGtitle to edit Master CENTRES style For personal use only SIMPLE STRATEGY WITH MAJOR MINING CENTRES PAVING THE WAY FOR A LONG LIFE OPERATION GLADSTONE SCOTIA Mineral Resource 2.0Mt @ 2.7g/t Mineral Resource 3.9Mt @ 3.6g/t Historic Mined Grade 4.6g/t Histori
Slide 9: Annual Production by Source
PRODUCTION UNDERPINNED BY MAJOR Click MININGtitle to edit Master CENTRES style For personal use only ANNUAL PRODUCTION BY SOURCE Ounces Production Cobb ler Scotia OK Glad ston e Oth er MINE SCHEDULE DRIVEN BY MAJOR MINING 140,000 CENTRES § Cobbler scheduled to start early to secure mill 120,000 feed
Slide 10: Project Update
PROJECTtitle Click to edit Master UPDATE style For personal use only u Removal of old plant and redundant infrastructure largely complete. u Plant site drilled with strong indication of gold present but not in current plan. u Detailed design and drawings >70% complete. u All major and most minor equ
Slide 11: Camp on Schedule
CAMP Click to edit ON SCHEDULE Master title style For personal use only u All accommodation rooms installed u Concrete paths completed u First rooms ready to be utilised as soon as required for construction crew
Slide 12: Norseman Growth
Click to edit Master title style For personal use only NORSEMAN GROWTH 12
Slide 13: Norseman Mineral Resource, Ore Reserves & Phase 1 Plan
NORSEMAN MINERAL RESOURCE, ORE RESERVES Click & PHASE to edit Master title1 style PLAN For personal use only GLOBAL MINERAL RESOURCE (100%) GLOBAL ORE LOM RESERVE1 (100%) PLAN2 PHASE 1 DFS AREAS3 Source: Norseman Gold Project Feasibility Study 1. The Ore Reserve is a subset of the Mineral Resource 2
Slide 14: Phase 1 Plan Considered Small Portion of Resources
PHASE 1 PLAN CONSIDERED SMALL Click PORTION OF RESOURCES to edit Master title style For personal use only Remaining REMAINING MINERAL Mineral Resource (koz) RESOURCE 4,500 (koz) SMALL PORTION OF AVAILABLE MINERAL RESOURCE FURTHER Resource Mineral Resource Accumulated Production Production (koz) DEVE
Slide 15: Norseman Mainfield - Phase 2 Focus
MAINFIELD NORSEMAN Click – PHASEtitle to edit Master 2 FOCUS style For personal use only SCOTIA MAINFIELD – ONE OF THE HIGHEST GRADE GOLDFIELDS IN AUSTRALIA § Focus to remain on strike and depth § Multiple targets in this iconic field with a blend of resource development, follow up of high grade res
Slide 16: Scotia - An Exploration Success Story
SCOTIA – ANClick EXPLORATION SUCCESS to edit Master title STORY style For personal use only GREEN LANTERN GREEN LANTERN DISCOVERY 28m @ 8.41 g/t Au § Green Lantern discovery announced in August 2020 revealed a number of wide, ore 9m @ 5.44 g/t Au grade intersections in a zone which had not previousl
Slide 17: Scotia - A Big Mining Centre Getting Bigger
SCOTIA – A BIG MINING Click toCENTRE GETTING edit Master BIGGER title style For personal use only SCOTIA PANTORO DRILLING § Historic mined grade of 5.9g/t 4m @PANTORO 44.46 g/t AuDRILLING 11m @ 6.27 g/t Au (open pit and underground 5 m @ 15.91 g/t Au 4m @ 7.61 g/t Au 10 m @ 11.60 g/t Au 8m @ 3.45 g/
Slide 18: Norseman Mainfield
Click toNORSEMAN edit MasterMAINFIELD title style For personal use only u Mainfield is the most prolific mining area at Crown/ Norseman to date. Mararoa St Pats u First pass drilling completed with focus areas identified. u Drill areas focussed on zones easily accessed from existing infrastructure L
Slide 19: Crown Reef
MARCD21_061 MARCD21_077 0.3m @ 3.79 g/t CROWN Click to edit Master REEF title style 2m @ 2.66 g/t For personal use only MARCD21_058 5.7m @ 35.85 g/t inc. 1.4m @ 141.57 g/t MARCD21_084 1.9m @ 2.00 g/t MARCD21_078 1.4m @ 1.39 g/t Viewing Angle: Azimuth: 300 Dip: -30 Legend: Gold zones developed but no
Slide 20: For personal use only
Click to edit Master title style For personal use only BFRC20_009 Viking Lateral Position 2m @ 20.61 g/t RXRC20_001 5.5m x 5.5m BFRCD20_034 BFRC20_029 3m @ 1.45 g/t 2m @ 3.38 g/t 2m @ 10.80 g/t existing decline BFRC20_010 2m @ 4.55 g/t BFRC20_030 2m @ 3.50 g/t BFRCD21_006 1.15m @ 8.47 g/t BFRCD20_03
Slide 21: 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 22: Exceptional Footprint - Exploration Ongoing
EXCEPTIONAL FOOTPRINT Click –toEXPLORATION ONGOING edit Master title style For personal use only OUTSTANDING EXPLORATION TARGETS § Multiple +1Moz Targets & no systematic exploration at since early 1990’s – Until now. § Extensive tenure covering the Lake Cowan area was not adequately assessed histori
Slide 23: Halls Creek (PNR 100%)
Click to edit Master title style For personal use only HALLS CREEK (PNR 100%) 23
Slide 24: Halls Creek Project Keeps on Giving
ClickPROJECT HALLS CREEK to edit –Master KEEPS title style ON GIVING For personal use only PANTORO’S FIRST DEVELOPMENT HAS DELIVERED OVER A LONG PERIOD HALLS CREEK LOCATION & § Proven high grade production & uninterrupted gold production since Sep 2015 REGIONAL TENEMENTS § Commenced operations in Fe
Slide 25: Pantoro - Charging Ahead with Production and Growth
Click to edit Master title style For personal use only PANTORO – CHARGING AHEAD WITH PRODUCTION AND GROWTH STRONG BALANCE SHEET NEAR TERM PRODUCTION SOLID CASHFLOW FROM FROM NORSEMAN HALLS CREEK § Unhedged § Initial 7 Year mine life now § Halls Creek continues to deliver § Debt Free defined positive