Pantoro Ltd (ASX:PNR)

A High Grade Australian Gold Producer

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.

Nicolsons Project

The Nicolsons Project is Pantoro’s flagship operation.  The Project is underpinned by the high grade Nicolsons Underground Mine with the second underground mine, Wagtail, under active development. Nicolsons has been producing gold since September 2015.

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Nicolsons Regional Projects

Pantoro has a portfolio of regional exploration targets located near the Nicolsons Project, approximately 45 km southwest of Halls Creek in Western Australia. The regional exploration targets represent extenstional expansion opportunities close to the Nicolsons project infrastructure. Initial exploration undertaken at a number of these regional targets has produced encouraging results.

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Mary River Project

The Mary River Project is located approximately 20 km SSW of Halls Creek and is easily accessible via the Great Northern Highway and the Tanami Road. Mary River is approximately 20 km from the Nicolsons processing plant.

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Grants Creek

The Grants Creek Project is located approximately 60 km north of Halls Creek and includes a number of advanced prospects with first mining recorded during the 1880’s. Grants Creek has a large amount of historical drilling recorded, and Pantoro believes that there is strong potential to rapidly define a JORC compliant Mineral Resource.

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Garaina Project

The Garaina Project is Pantoro’s main exploration target in PNG, located 100 km southeast of the Hidden Valley Mine and Wau Town, in the Morobe province, covering an area of approximately 380 km2. The tenement area covers the suture zone between the Owen Stanley Metamorphic thrust to the west and the Papuan Ultramafic to the east. Most of the EL is underlain by the Owen Stanley metamorphic complex, which is common to the majority of the known major mineral deposits in PNG.

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Last updated 3rd December 2018

Mr Michael Jefferies
Independent Non-Executive Chairman

Michael is a Chartered Accountant and holds a Bachelor of Commerce degree. Michael has extensive experience in finance and investment, including 20 years as an executive at Guinness Peat Group Plc.

Michael is a non-executive director of Resimac Limited, Ozgrowth Limited and Afterpay Limited and is Chairman of Touchcorp Limited. Michael was formerly a director of a number of financial services companies including Australian Wealth Management Limited, Tower Australia Limited and Clearview Wealth Limited. Michael was also formerly a director of a number of resources companies.

Mr Paul Cmrlec
Managing Director
BEng (Mining), Honours

Mr Cmrlec holds a Bachelor of Mining Engineering degree from the University of South Australia. He has extensive experience in feasibility studies and project development and has held a number of operational and planning roles, including the position of Underground Manager at several West Australian gold mines. He was previously the Group Underground Mining Engineer for Harmony Gold Australia, and the Group Mining Engineer for Metals X Limited.

In addition to operational mining roles, Mr Cmrlec's recent experience includes the general management of major feasibility studies for the Wafi Copper-Gold deposit in Papua New Guinea, and the Wingellina Nickel-Cobalt deposit in the Central Musgraves region of Western Australia.

He was also a non-executive director of Westgold Resources Limited until his resignation on 1 June 2011.

Mr Scott Huffadine
Operations Director
BSc., Honours, MAIG

Mr Huffadine is a Geologist with more than 20 years experience in the resource industry, specifically project management, geology and executive management. Mr Huffadine has held several key management positions ranging from operational start-ups involving open pit and underground mining projects, through to large integrated operations in gold and base metals operations. Mr Huffadine was previously the Managing Director of Kingsrose Mining Limited and a Director of Metals X Limited and Westgold Limited.

Mr Kyle Edwards
Independent Non-Executive Director

Kyle is an experienced corporate and resources lawyer and has been a Director of EMK Lawyers, a Western Australian based corporate and resources law firm since July 2013. Kyle’s legal career has focused on mining and resources law, mergers and acquisitions, capital markets and native title law. He has represented Pantoro in a number of corporate transactions through EMK Lawyers during the past three years.

Last updated 3rd December 2018

Perth Office

1187 Hay Street
West Perth WA 6000
Australia

Email: [email protected]
Phone: 08 6263 1110