Pantoro Gold Limited · ASX:PNR
Pantoro Gold — Pacific Niugini — Investor Presentation (June 2015)
14 slides from Pantoro Gold's investor presentation, June 2015
Slide 1: Going for Gold at Nicolsons in 2015
Going for Gold at Nicolsons in 2015 June 2015 ASX:PNR
Slide 2: Corporate Structure
Corporate Structure Board and Management • Peter Cook – Non-Executive Chairman Highly successful Australian mining identity behind companies such as Hill 50 Gold Limited; Abelle Limited, and Metals X Limited. • Paul Cmrlec – Managing Director Mining engineer with strong operational and corporate bac
Slide 3: Halls Creek Project (PNR 80%)
Halls Creek Project (PNR 80%) Underground development underway with supporting infrastructure in place: • Works underway with first production expected in Q3 2015. • High Grade Resource and Reserve: High grade gold resource/reserve which sits immediately below an existing open pit. • Existing Infras
Slide 4: All Major Infrastructure in Place Ready to Produce
All Major Infrastructure in Place Ready to Produce Extensive construction works completed Q1 and Q2 of 2015: Open pit accessed and underground development underway. Tailings storage facility completed and ready for commencement of processing; Processing plant refurbishment due for completion J
Slide 5: High Grade Resources Excellent Growth Potential
High Grade Resources Excellent Growth Potential Initial 11 hole (approximately 2,500 m) diamond drilling program designed to extend and validate resource was a resounding success. First time the Nicolsons deposit has been the subject of a substantial diamond drilling campaign – well defined geolog
Slide 6: Resource Remains Open in all Directions
Resource Remains Open in all Directions 1.43m @ 3.4m @ 3.0m @ 1.2m @ 1.6m @ 11.45 6.88g/t 13.21 g/t 20.43 g/t 103 g/t g/t, 2.0m @ 43.36 g/t, and 0.5 m @ 0.6 m @ 2.9m @ 12m @ 8.8 g/t 22 g/t 4.38g/t 13.6 g/t 300 m limit of 2m @ 53.7 g/t 1.1m @ 9.52 g/t drilling 6m @ 4.5 g/t 0.6m @ 2m @ 6.8 22 g/t g/t
Slide 7: Pre-Start Feasibility Outcomes
Pre-Start Feasibility Outcomes Low Capital, Short Lead-In to Production, Excellent Profitability Time to Positive Cashflow: 6 months Net Profit Before Tax: $58 million Annual Production: 130,000 t, 30,000 oz Net Profit After Tax: $50 million Initial Mine Life: 4.5 years (inc. 6 months construction)
Slide 8: Impacts of Higher Grade and Throughput
Impacts of Higher Grade and Throughput Nicolsons Plant Production Capacity 90000 Annual production @ 95% Recovery (Ounces) 80000 70000 60000 50000 120,000 tpa 40000 135,000 tpa 30000 150,000 tpa 20000 10000 Hole NRCD14007 – 1.2m @ 102.9g/t 0 6 8 10 12 14 16 18 Mine Grade (g/t) Increased grade prov
Slide 9: Exploration Growth Strategy
Exploration Growth Strategy Exploration will be focused on immediate resource/reserve growth as priority 1. Extend Nicolsons (HW Lode & FW Lode) through underground development and drilling. 2. Infill and extend Wagtail and Rowdies existing resources aiming to generate near term open pit mining oppo
Slide 10: Nicolsons Extensions
Nicolsons Extensions Base of pit Drilling density declines FW and HW (main lode) are off set by approximately 80m. Limited testing of FW down dip due to drilling shadow caused by open pit. Excellent high grade intercepts at depth extremity of drilling in both HW and FW lode. OVM’s appear to
Slide 11: Garaina Porphyry and Epithermal Target
Garaina Prophyry and Epithermal Target Exploration Success Story Virgin discovery by PNR in 2011 with rapid progression relative to other known PNG projects. Detailed magnetic surveys and petrology confirm porphyry copper-gold potential. Kusi surface anomaly > 1.5km x 1km. Drilling intersect
Slide 12: Exciting Drill Results
Exciting Drill Results Drilling targeting known zones of high and low magnetic susceptibility. High grade gold identified in both zones drilled to date, with vectors indicating a potential porphyry deposit in the zone of magnetic destruction. • 20m @ 2.89g/t (with 2.0m of core loss) Wafi Resourc
Slide 13: Capital Raising
Capital Raising Convertible Note • Issued to sophisticated investors to minimise dilution and provide immediate cash to maintain banking covenants. • $2-3 million to be issued. Firm commitments for $2 million already in place. • 8% interest rate, payable six monthly. • Convertible at 6 cps. • Early
Slide 14: Disclaimer
Disclaimer General Disclaimer This presentation has been prepared by Pacific Niugini Limited (“Pacific Niugini” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentation contains forecas