Racetrack drilling extends mineralised strike length to 900m

Key points

• Racetrack drilling extends mineralised strike length to 900m
• High-grade intercepts including 11.12m @ 5.48g/t
• Exploration decline from OK Underground Mine to commence in Dec 2026

Full summary

Pantoro Gold Ltd, a WA-based gold producer, has announced significant extensions to the high-grade mineralisation at the Racetrack Discovery within the Norseman Gold Project. The latest drilling results reinforce the potential for Racetrack to become a significant ore source for Norseman and to materially uplift production from the OK Underground Mine. Key highlights include significant new intercepts from ongoing infill and extensional drilling, with high-grade gold intersections. Infill drilling has confirmed the continuity of a high-grade mineralised zone over a current strike extent of approximately 900 metres, extending from near surface to 600 metres below surface and remaining open to the east and at depth. An exploration decline will be developed from the upper levels of the OK Decline commencing in the December 2026 quarter, ultimately providing permanent access to the Racetrack orebody. Racetrack is confirmed as a cross-link structure analogous to the >500,000 ounce Bullen lode. Infill and extension drilling is continuing with three surface diamond rigs allocated to accelerate the drill out to a maiden Mineral Resource estimate.