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Pantoro Gold Limited (ASX:PNR)

ALERT: Price-sensitive ASX Announcement for PNR
Current share price for PNR : $2.615 0.575 (28.19%)+
Announcement
Release
30 Jul 2026 8:32AM
Price at Release
$2.040
Full Release
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Summary
Pantoro Gold Limited's quarterly report for June 2026 highlights significant developments in its Norseman Gold Project, including the production of 18,028 ounces of gold at an all-in sustaining cost of $4,107 per ounce. The period saw the discovery of high-grade mineralisation at Racetrack and continued expansion of operations, including the successful transition to a new mining contractor at the OK Underground Mine. The company has set a production guidance for FY2027 of 90,000 to 105,000 ounces with an AISC between A$2,800 and A$3,400 per ounce. Financially, Pantoro holds $223.4 million in cash and gold, and it executed a share buy-back program, acquiring over 3 million shares.
Key Points
  • Pantoro Gold Limited reported a production of 18,028 ounces of gold in the June quarter of 2026.
  • The all-in sustaining cost for the quarter was $4,107 per ounce.
  • Pantoro Gold's Norseman Gold Project continues to develop with additional ore sources.
  • A high-grade mineralisation discovery was made at Racetrack, enhancing future production prospects.
  • The company completed the transition of principal contractor at the OK Underground Mine to Redpath Australia.
  • Pantoro announced FY2027 production guidance of 90,000 to 105,000 ounces with AISC between A$2,800 and A$3,400 per ounce.
  • The company held $223.4 million in cash and gold as of June 30, 2026.
  • Pantoro conducted a share buy-back program purchasing 3,139,535 shares.
  • Exploration activities involved diamond drilling and the commencement of aircore drilling on Lake Cowan.
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.