Mainfield Underground Drilling Returns High Grade Results

• High grade results identified in all areas tested to date, including 0.68 m @ 137.19 g/t Au
• Initial drilling has successfully intersected all targeted lodes and identified high-grade mineralisation outside historically mined lodes
• Dewatering, rehabilitation of the Bullen Decline and development of drilling platforms at Bullen are ongoing

Pantoro Ltd, a WA-based gold producer focused on its 100%-owned Norseman Gold Project, has reported initial results from its ongoing underground drilling program at the Mainfield. The drilling has successfully intersected all targeted lodes, including Crown South, Norseman, Esperanto and Bullen West, and identified high-grade mineralisation outside of historically mined areas. Significant results include 0.68 m @ 137.19 g/t Au, 1.13 m @ 12.36 g/t Au, 1.37 m @ 15.69 g/t Au, and 1.64 m @ 11.79 g/t Au. The company is currently focused on dewatering, rehabilitating the Bullen Decline, and developing drilling platforms to facilitate further exploration and evaluation of the high-grade mineralisation. Pantoro's growth strategy is centred on expanding its underground mining operations and scaling production at Norseman, with the project having significant untapped potential.

Pantoro Gold will continue drilling these targets, all of which are close to existing development, with a focus on re-commencement of mining in the Mainfield. While the current operating plan has new mine developments commencing during FY2027, the company aims to fast track development once it is confident in the definition of economically viable ore panels.