InvestSMART

Pantoro Gold Limited (ASX:PNR)

ALERT: Price-sensitive ASX Announcement for PNR
Current share price for PNR : $1.985 -3.405 (-63.17%)+
Release
14 Jan 2026 8:20AM
Price at Release
$5.390
Full Release
download
Summary
Pantoro Gold Limited announced that their ongoing surface drilling program at the Daisy South deposit within the Norseman Gold Project has confirmed high-grade lode extensions. The infill and step-out drilling activities have yielded significant gold intersections, enhancing the mineralisation model and supporting an updated mining study. Results include intersections such as 14 m @ 9.17 g/t Au and 10 m @ 4.2 g/t Au. The development of the Daisy South open pit, along with the Gladstone Everlasting Open Pit, is planned to proceed over the next two years, with simultaneous mining expected to improve operational efficiency and extend the life of the Gladstone Everlasting Mining Centre.
Key Points
  • Infill drilling returned high-grade intersections at Daisy South.
  • Step-out drilling showed high-grade mineralisation extensions.
  • Results support the mineralisation model and updated mining study.
  • Mine design and planning are underway for Daisy South.
  • Development will occur alongside the Gladstone Everlasting Open Pit.
  • Significant intersections include 14 m @ 9.17 g/t Au.
  • Simultaneous mining expected to extend open pit life.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.