Pantoro sees big opportunity with Norseman buy

PANTORO’S ongoing success growing a little-recognised high-grade gold field near Halls Creek in Western Australia has led to it acquiring a 50% stake in the famous Norseman high-grade gold field for staged cash and scrip payments of A$45 million and the first $50 million in project expenditure.

Pantoro sees big opportunity with Norseman buy Pantoro sees big opportunity with Norseman buy Pantoro sees big opportunity with Norseman buy Pantoro sees big opportunity with Norseman buy Pantoro sees big opportunity with Norseman buy

The Phoenix plant at Central Norseman.

Pantoro said the acquisition cost for the idled Central Norseman gold project equates to $39 per ounce given 2.2 million ounces of attributable resources.

 

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