Assay results from the first nine holes of an initial 28-hole drilling program have been received with outstanding results.
The drilling has focussed on extending the existing resource and following up on a preliminary structural assessment of the Gladstone-Daisy corridor, with new results including:
- 7 metres at 28.8 g/t gold including 2 metres at 94.2 g/t gold;
- 1.62 metres at 31.53 g/t gold including 0.4 metres at 87.01 g/t gold;
- 13 metres at 4.72 g/t gold including 1 metre at 25.90 g/t gold;
- 1.40 metres at 9.96 g/t gold;
- 1 metre at 8.81 g/t gold; and
- 0.6 metres at 29.6 g/t gold.
Drill hole location plan - Daisy South
Pantoro managing director Paul Cmrlec said: “Pantoro’s drilling programs at Norseman are proceeding as planned in the areas identified as the likely first production targets upon recommencement of operations.
“These initial results at Daisy South demonstrate the quality of mineralisation available for mining at Norseman, and we expect further results from Daisy South, Gladstone Everlasting and Scotia in the near term.
“Drilling of the initial production targets is expected to be completed during the first quarter of the 2020 calendar year and will be followed by mine design and approval processes required to convert Mineral Resource to Ore Reserves.
High grade ore zone in the Daisy Open Pit showing the pinch and swell of the veining
“There are a large number of existing Mineral Resources and mineralised zones ready for resource development activities at Norseman and Pantoro will continue to focus on growth of the immediate mine plan while also considering next exploration targets within the project area.
“Pantoro settled the acquisition of Norseman only four months ago and progress to date has completely met our expectations.”
Ongoing drill programs
There are currently three drill rigs in operation at Norseman, undertaking both diamond and reverse circulation drilling programs which are focussed on resource development at the Gladstone/Everlasting, Daisy South and Scotia deposits.
Programs at all three deposits are well advanced and have been designed to primarily infill existing results to the level required to convert Mineral Resources to Ore Reserve status.
Additionally, and following the initial strong results at the Princess Royal/Slippers Prospect, follow up drilling is planned prior to the end of December following completion of the Daisy South program.
Drilling is planned to continue in the new year completing the programs above as well as moving onto the other deposits identified in the start-up program.