The shares were bought for a consideration of $25,200.00 with the on-market purchase bringing Cmrlec’s total securities to 7,798,992 shares.
Cmrlec also holds 1,500,000 options exercisable at 24 cents on or before 4 July 2022, and 1,500,000 options exercisable at 25 cents on or before 4 July 2022.
Pantoro announced last month high-grade gold results in drilling of the Scotia, Daisy South and Gladstone-Everlasting prospects at Norseman Gold Project which indicate possible extensions to the deposits.
Currently there are five drill rigs in operation at Norseman - three on surface undertaking diamond and RC drilling programs focused on resource development; one undertaking exploration on Lake Cowan; and one underground at the OK mine.
These programs are expected to be completed during the March quarter with mineral resource estimates and ore reserve calculation to follow soon after.