• Infill drilling at Daisy South has returned high grade intersections, supporting the existing mineralisation model and an updated open pit mining study
• Initial step-out drilling has returned high grade extensions to mineralisation within the Daisy Shear Zone (DSZ), south of the current Mineral Resource
• Mine design and planning are underway, with Daisy South intended to be developed in conjunction with the Gladstone Everlasting Open Pit over the next two years

Pantoro Ltd has reported further positive results from its ongoing surface drilling program at the Daisy South deposit, part of its 100%-owned Norseman Gold Project in Western Australia. Infill drilling has returned high-grade intersections, supporting the existing mineralisation model and an updated open pit mining study. Initial step-out drilling has also returned high-grade extensions to mineralisation within the Daisy Shear Zone, south of the current Mineral Resource. The company plans to develop Daisy South as an additional open pit to be mined concurrently with the Gladstone Everlasting Open Pit, located just 900 metres to the west. Mining the pits simultaneously is expected to improve fleet efficiency and extend the open pit life of the Gladstone Everlasting Mining Centre. Significant new results from the infill and extensional drilling program include 14m @ 9.17 g/t Au, 9m @ 4.92 g/t Au, and 4m @ 10.29 g/t Au. Mine planning and approvals are progressing, and further drilling is planned to continue to extend the resource.

Pantoro Gold expects to drill approximately 250,000 metres of combined RC, diamond and air core during FY2026 as part of its active growth program and to unlock the significant untapped potential at the Norseman Gold Project.