Pantoro reports maiden resource at Green Lantern
PERTH (miningweekly.com) – ASX-listed Pantoro has reported a mineral resource and reserve estimate for the Green Lantern deposit, at the Scotia mining center, at its Norseman gold project, in Western Australia.
A maiden mineral resource estimate of 6.8-million tonnes, grading 1.4 g/t gold has been established, continuing an estimated 310 000 oz of gold.
“Green Lantern is a big, valuable addition to the Norseman gold project directly resulting from Pantoro’s exploration programme which has operated in parallel with resource development drilling,” said Pantoro MD Paul Cmrlec.
“Rapid progression of the deposit from discovery in August 2020 to ore reserve status in approximately one year is an outstanding result. We look forward to continuing to grow the resource along strike and converting additional inferred resources to the indicated category with additional drilling.”
Cmrlec said that the Green Lantern openpit would have a low stripping ratio with mineralisation commencing from surface.
“Additional ore reserves at Green Lantern will further enhance the excellent outcomes generated by the Phase 1 mine plan. Detailed work to integrate Green Lantern into the mine plan is underway. We look forward to continuing to grow the mine life at Norseman through defnition of additional ore reserves with resource definition continuing in multiple areas.”
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation