Drilling Continues To Expand Scotia Mining Centre
Pantoro Limited (ASX:PNR) has received additional broad, high grade assay results from the Green Lantern deposit at the Norseman Project (PNR 50%) in the Eastern Goldfields of Western Australia
The Green Lantern deposit presents an extensive zone of near surface gold mineralisation to the south east of the existing Scotia open pit which has continued to expand with additional drilling focussed on definition for a maiden Mineral Resource estimation.
Managing Director, Paul Cmrlec, said drilling continues to confirm, infill and extend the wide ore grade intersections previously reported from Green Lantern.
Substantial near surface mineralisation has now identified over a continuous strike length of approximately 800 metres. Mineralisation remains open to the south and down dip, with the Green Lantern mineralisation appearing to be an extension of the Lady Eleanor shear system which provides a combined strike of ~ 1.2 km. The entire deposit (including Lady Eleanor) is now known as Green Lantern.
The latest results show that strong mineralisation was encountered from surface to +250 metres depth.
Scout drilling up to 1.6 km south of the Scotia open pit has confirmed continuation of high grade mineralisation with 1 m @ 9.84 g/t Au in initial results.
Green Lantern results include: 11 m @ 2.53 g/t Au from 93 m; 12.45 m @ 3.61 g/t Au inc. 4.3 m @ 8.22 g/t Au from 78.25 m; 14 m @ 2.32 g/t Au from 56 m; 11.65 m @ 2.91 g/t Au from 78.7 m; 10.5 m @ 4.76 g/t Au inc. 3.47 m @ 11.39 g/t Au from 56.5 m and 34 m @ 2.01 g/t Au inc. 3 m @ 9.81 g/t Au from 82 m.
The Scotia Mining Centre continues to impress with what is shaping up to be a major discovery at Green Lantern,” Mr Cmrlec said.
“Our understanding of the structural setting driving this mineralisation is advancing rapidly, positioning Pantoro to continue to substantially grow resources in the area.”
Green Lantern lies approximately 250 metres to the South East of the Scotia Pit and is open at depth and along strike to the South. Mineralisation at the northern end is truncated by late faulting and testing of the probable northern offset has not yet been undertaken.
Pantoro is continuing its drilling program in the area with a focus on near term addition to the Mineral Resource and Ore Reserves in the Scotia Mining Area. Results indicate a wide lode system as well as a narrower high-grade system at Green Lantern.
The Scotia mining centre is located approximately 25k m south of Norseman and was discovered in 1893. The historic production recorded from the Scotia mine via open pit and underground mining was 811,000 tonnes @ 5.9 g/t Au for 155,000 ounces. Scotia was actively mined from 1987 until 1996.
Scotia hosts a number of Mineral Resource areas in close proximity, and several zones where high-grade mineral occurrences have not yet been classified.
