Scotia Drilling Continues to Support Growth

• Extensional drilling in Central Scotia has confirmed wide, high-grade mineralisation extending at least 50 metres below the current Scotia Indicated Mineral Resource and remains open at depth supporting the potential for additional development levels beyond the existing mine plan. • Grade control drilling has returned multiple high-grade intersections within the current mine plan across the Scotia North and Taurus orebodies. • The Company has approved additional levels outside of the current mine plan further extending mine life.

Pantoro Gold Limited (ASX:PNR), a WA-based gold producer focused on unlocking the full potential of its 100%-owned Norseman Gold Project, has provided an update on the ongoing underground and surface diamond drilling program at the Scotia Underground Mine. The key highlights include:- Extensional drilling in Central Scotia has confirmed wide, high-grade mineralisation extending at least 50 metres below the current Scotia Indicated Mineral Resource and remains open at depth, supporting the potential for additional development levels beyond the existing mine plan. Significant intersections include 16.09 m @ 10.59 g/t Au, 10.29 m @ 6.31 g/t Au, and 10.48 m @ 6.74 g/t Au.- Grade control drilling has returned multiple high-grade intersections within the current mine plan across the Scotia North and Taurus orebodies. Notable results include 3.35 m @ 14.82 g/t Au, 4.31 m @ 8.89 g/t Au, and 4.8 m @ 15.57 g/t Au.- The Company has approved additional levels outside of the current mine plan, further extending mine life.Pantoro Gold's Managing Director, Paul Cmrlec, commented that the development at Scotia North is now opening up new mineralisation for production, meaningfully improving production flexibility at the mine. The high-grade infill results, combined with the continued resource growth at Central Scotia and Scotia South, position the mine to grow its production in FY2027, despite some factors that have caused development and production to run behind schedule in FY2026.

The Company remains confident that Scotia will deliver years of high-grade ore feed to Norseman as these additional areas come into full production.