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Pantoro Gold Limited ( (AU:PNR) ) just unveiled an announcement.
Pantoro Gold Limited has announced continued high-grade results from its underground drilling program at the Norseman Gold Project’s Mainfield. The drilling has successfully intersected high-grade mineralization in both the Crown South and O’Briens Reefs, indicating significant potential for future mine development. The company is advancing mine dewatering and rehabilitation efforts, with plans to commence mining within the next six to nine months, leveraging existing infrastructure. These developments highlight the project’s promising prospects and potential impact on Pantoro’s operational growth and market positioning.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.
More about Pantoro Gold Limited
Pantoro Gold Limited is a Western Australia-based gold producer focused on maximizing the potential of its wholly-owned Norseman Gold Project. The company operates in the gold mining industry, with a primary focus on exploring and developing high-grade gold deposits.
YTD Price Performance: 203.92%
Average Trading Volume: 2,591,993
Technical Sentiment Signal: Buy
Current Market Cap: A$1.83B
For detailed information about PNR stock, go to TipRanks’ Stock Analysis page.