Pantoro is an Australian gold producer with its 100% owned Halls Creek Gold Project in the Kimberley Region of Western Australia being the key operational focus. The project provides the company with a platform for growth through the operation of its first producing gold asset, which includes underground and open pit mines, and a modern CIP processing facility.
Pantoro commenced construction and refurbishment works at Nicolsons during February 2015 and commenced production in Q3 2015. The Mineral Resource and Ore Reserves have been significantly upgraded since operations commenced, with both higher grades, and additional Ore Lodes identified during mining.
The company is currently producing gold at levels exceeding its feasibility study targets and has expanded to a production rate of 50-55,000 ounces per annum.
Pantoro is focused on continued growth of production and mine life through:
- Ongoing production from the high grade Nicolsons underground mine. The majority of gold produced from the project since commencement of production in September 2015 has been from Nicolsons.
- Commencement of ore development from the Wagtail underground mine during the December 2018 quarter. Pantoro successfully mined high grade open pits at Wagtail between November 2016 and December 2018 and commenced underground decline development in July 2018.
- Exploration within the Nicolsons tenements focused on ongoing near mine growth.
- Exploration within regional projects including the 100% owned Grants Creek and Mary River prospects focused on Mineral Resource definition and near term production potential. Pantoro holds the only commercial scale gold processing plant in the Kimberley Region of Western Australia, providing the company with a unique strategic advantage in the tier 1 jurisdiction.