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Pantoro Gold (PNR) investor relations material
Pantoro Gold Investor Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Operational performance and growth
Processing plant operates above nameplate at 1.2Mtpa, with potential to reach 1.4Mtpa without major upgrades; recovery rates at 95% in FY2025.
High-grade OK Underground Mine and Scotia Underground Mine are both in production, with Scotia ramping up and open pits active at Princess Royal and Gladstone.
Strategy focuses on replacing open pit feed with higher-grade underground ore to target over 200,000oz annual production in the medium term.
Multiple production areas at Scotia provide flexibility and growth, with expected mining of over 500,000 tonnes in FY2026 and capacity to increase further.
Ongoing rehabilitation and drilling at Bullen Mine to access Mainfield, with significant infrastructure upgrades completed.
Exploration and resource development
Extensive drilling program underway: 41,000m drilled last quarter, 200,000m planned for FY2026, with 4 underground and 3 surface rigs operating.
Mainfield, Crown Reef, and Mararoa are key exploration targets, with high-grade results including 5.7m @ 35.85g/t Au and 3m @ 485.43g/t Au.
Scotia extensional drilling targets a 250,000oz resource addition in one year and 1Moz over five years, with 56,000m of drilling planned for FY2026.
First regional greenfields exploration in 30 years to commence, focusing on underexplored salt lake tenements and foundational geochemical and geophysical datasets.
Onsite PhotonAssay lab enables rapid, accurate assay turnaround, supporting real-time exploration decisions.
Mine-specific highlights
OK Underground Mine produces 35,000–40,000oz per year, with resource growth and high-grade intersections such as 10.15m @ 44.39g/t Au.
Scotia Underground Mine is fully rehabilitated, mining over 1km of strike, and producing expected grades; capacity to exceed 700,000tpa as new areas are accessed.
Open pit mining at Princess Royal, Desirables, and Gladstone progressing above budgeted rates, with future growth targeted at North Royal.
Mainfield exploration reveals multiple high-grade zones and new discoveries, with significant unmined areas accessible from existing infrastructure.
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