PNR.ASX: Racetrack drilling confirms continuity with bonanza grades

Racetrack drilling confirms continuity with bonanza grades

Stock	Pantoro Gold Ltd (PNR.ASX)
Release Time	4 Aug 2026, 8:37 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Pantoro Ltd Announces High-Grade Gold Discovery at Racetrack

Key Points

Racetrack drilling confirms continuity with bonanza grades
Significant intercepts include 4.94 m @ 349.14 g/t gold
High-grade zone extends from near surface to 600 metres depth
Racetrack structure analogous to the Bullen lode

Full Summary

Pantoro Gold Limited (ASX:PNR) has announced that the second phase of infill drilling at the Racetrack Discovery has confirmed the continuity of high-grade mineralisation within the Mainfield. The results indicate that Racetrack is shaping up as a very high-grade structure with some of the widest intercepts seen at Norseman to date. Significant intercepts from the drilling include 4.94 m @ 349.14 g/t gold from 603.02 m including 0.91 m @ 1,737.37 g/t gold from 603.02 m. The high-grade zone is confirmed over a current strike extent of over 350 metres, extending from near surface to 600 metres depth and remaining open to the east and down dip. The Racetrack structure is analogous to the over 500,000 ounce Bullen lode, located just 600 metres north of the OK Underground Mine and infrastructure.