Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pantoro — Precious Metals Summit (September 2019)
24 slides from Pantoro Gold's conference presentation, Sep 10, 2019
Slide 1: Precious Metals Summit
Click to edit Master title style For personal use only Precious Metals Summit Beaver Creek, Colorado ASX:PNR
Slide 2: Important Notices
Important Click to edit Notices 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: Transitioning to Multiple Operations
Transitioning totoMultiple Click Operations edit Master title style For personal use only • Pantoro is an Australian gold producer and developer. • Strong balance sheet with A$46 million in cash and gold at 30 June Halls Creek 2019, and debt free. Broome • Large high-grade Mineral Resource position
Slide 4: Corporate Overview of Pantoro
Corporate Click to Overview edit Masteroftitle Pantoro style For personal use only Share Price – ASX:PNR Capital Structure Volume Share Price Share Price (30/8/19) 22.0 (US$0.15) cps 28 45 Ordinary Shares 1,175 million 26 40 24 35 Emp. options and rights 22 million 22 30 Fully Diluted 1,197 million
Slide 5: Acquisition of 50% Share in the Norseman Gold Project
Click to edit Master title style For personal use only Acquisition of 50% Share in the Norseman Gold Project
Slide 6: What is the Norseman Project?
What is thetoNorseman Click edit Master Project? title style For personal use only § Outstanding tier 1 location 200 km from Kalgoorlie via major Location sealed highway. § CNGP was established on a large scale by Western Mining in 1935 and operated almost continuously to 2006. History § Long histor
Slide 7: Norseman is a Big, High Grade Project
Norseman is aClick Big,toHigh Gradetitle edit Master Project style For personal use only § Grade is king: Proven Very High Grade Western Australian Mega–Gold Field – Highest grade endowment in the Yilgarn Craton with ~6Moz produced historically. – Current underground Mineral Resource of 4.2Mt @ 15.3
Slide 8: Mainfield with Drill Traces
Click Mainfield to edit Master with Drill titleTraces style For personal use only 350m 670m St Pats Decline OK Decline Bullen Decline 5Km
Slide 9: Norseman JORC Resource
Norseman JORC Click to edit Resource Master title style For personal use only 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 0.8 Inferre
Slide 10: Australian Based Gold Producers and Developers
Australian Based Gold Producers Click to editand Developers Master title style For personal use only Pantoro has two of the highest grade underground and surface Mineral Resources Underground Mineral Resource (g/t) Surface Mineral Resource (g/t) 16.0 14.4 3.0 14.0 2.4 2.5 12.0 2.0 Grade (g/t) 10.0 G
Slide 11: Positioned for Growth and Re-Rating
Positioned for Growth Click to edit and Re-Rating Master title style For personal use only EV1 / Resource (A$/oz) 700 § Cheap, high quality ounces – Acquisition of Norseman shifts Pantoro from one 600 of the highest valued stocks per Mineral Resource 500 ounce to approximately 30% of the industry av
Slide 12: Project Development Strategy
Project Development Click to edit Master Strategy title style For personal use only § Two Stream Approach from Commencement First-focus Mining Centres – Near Term Development – Existing resources to be developed to mine ready status. – Greenfields Exploration – High potential targets on Lake Cowan t
Slide 13: Gladstone Everlasting
Gladstone Click Everlasting to edit Master title style For personal use only 700m 2 • Current Mineral Resource – 2.7Mt @ 2.9g/t for 252 Koz • Current indicative open pit optimisation - 1.0 – 1.2Mt @ 4 to 4.4g/t 13
Slide 14: Scotia
Scotia Click to edit Master title style For personal use only • Current Mineral Resource (Underground) 1.9Mt @ 3.3g/t for 200 Koz • Current Mineral Resource (Underground) 0.6Mt @ 12.1g/t for 213 Koz 2 • Current indicative open pit optimisation - 0.6 – 0.9Mt @ 3.5 to 4.1g/t 14
Slide 15: Cobbler
Cobbler Click to edit Master title style For personal use only • Current Mineral Resource – 3.5 Mt @ 1.6g/t for 175KOz • Current indicative open pit optimisation - 0.6 – 0.9Mt @ 1.9 – 2.1 g/t 2 15
Slide 16: Un-paralleled Exploration Potential
Un-paralleled Click Exploration to edit MasterPotential title style For personal use only § Extensive Dataset with Outstanding Targets – Broad areas covered by detailed magnetic surveys and geochemical sampling. – Extensive tenure covering Lake Cowan were not adequately assessed historically. – Demo
Slide 17: CNGP's Existing Infrastructure
CNGP’s Existing Click Infrastructure to edit Master title style For personal use only Surface Infrastructure § Extensive mine infrastructure: – Multiple Office and Workshop complexes. – Road network to all existing Mineral Resources – 720Ktpa processing plant for refurbishment, last operated in 2016
Slide 18: Halls Creek Project
Click to edit Master title style For personal use only Halls Creek Project
Slide 19: Pantoro's Flagship Halls Creek Project
Halls Creek Project Click- to Pantoro’s Flagship edit Master title style For personal use only Halls Creek is Pantoro’s first development: • Successfully built operations from the ground up. • Proven high grade production. • Excellent operating margins. There are no comparable areas in WA or Austral
Slide 20: Nicolsons Operating History
Nicolsons Click to Operating History edit Master title style For personal use only Pantoro has built Halls Creek from the ground up: • Production: 151,000 ounces Produced (pre- commencement 81,000 Oz). • Average LOM Head Grade: 7.25g/t • Mineral Resource*: 393,000 Oz (pre-commencement 209,000 Oz) ME
Slide 21: Nicolsons Mineral Resource Zones
Nicolsons Mineral ClickResource Zones to edit Master title style For personal use only 2.4 km Wagtail Wagtail North South Mineralisation Mineralisation Mineralisation Open at Depth Open at Depth Open at Depth Nicolsons Mineralisation Open at Depth • Active mining and processing, current production ~
Slide 22: Regional Consolidation
Regional Click to Consolidation edit Master title style For personal use only Consolidating the historical goldfields of Halls Creek – a largely un-explored terrain with proven high grade gold. Drilled two prospects at Grants Creek (perseverance and Star of Kimberley). High grade quartz reef mineral
Slide 23: Summary
Click to edit Master title style For personal use only Summary
Slide 24: Summary
Click to edit MasterSummary title style For personal use only • Pantoro is an Australian gold producer and developer with a unique Western Australian project portfolio. • Strong balance sheet with no debt and A$46 million in cash and gold at June 30 2019. • Pantoro has attributable Mineral Resources