Pantoro Gold (ASX:PNR) has reported second phase infill drilling at the Racetrack discovery confirmed continuity of ‘high-grade’ mineralisation within the Mainfield at the Norseman Gold Project.
The company returned significant intercepts, including 4.94m @ 349.14 grams per tonne gold (Au) from 603.02m, featuring 0.91m @ 1,737.37g/t Au from 603.02m and 0.43m @ 80.67g/t Au from 607.53m.
Other results include 20.36m @ 15.55g/t Au from 576.29m, incorporating 5.94m @ 43.10g/t Au from 580.5m, and 7.05m @ 8.82g/t Au from 388.2m.
Infill drilling confirms continuity of a ‘high-grade’ zone over a current strike extent exceeding 350m, extending from near surface to 600m depth and remaining open to the east and down dip.
Racetrack is confirmed as a cross-link structure analogous to the over 500,000-ounce Bullen lode, located just 600m north of the OK Underground Mine and infrastructure.
Managing Director Paul Cmrlec says Racetrack is shaping up as a ‘very high-grade structure’ with some of the widest intercepts seen at Norseman to date.
“Grades encountered are similar to those seen at the Bullen deposit. However, early drilling suggests greater lode widths. Bullen produced over 500,000 ounces between 1985 and 2000 at a mined grade of approximately 10g/t, and remains open at depth,” Cmrlec notes.
“Just 600m from the OK Decline, Racetrack can be developed with minimal additional infrastructure requirements and mined independently once dedicated ventilation circuits are established.”
Additional results include 3.53m @ 34.44g/t Au from 496.72m, incorporating 2.88m @ 41.87g/t Au from 496.72m.
The drill program continues with multiple rigs in action, with the geology team focused on expanding the ‘high-grade’ zone.
Pantoro Gold is a West Australian gold producer focused on the 100%-owned Norseman Gold Project, a major producing asset in Western Australia’s Eastern Goldfields.
Write to JC Villarba at Mining.com.au
Images: Pantoro Gold
