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Pantoro Gold Limited ( (AU:PNR) ) just unveiled an update.
Pantoro Gold Limited has announced significant findings from its ongoing underground and surface diamond drilling program at the Scotia Underground Mine, part of its Norseman Gold Project. The extensional drilling has confirmed high-grade mineralization extending up to 135 meters below the current indicated mineral resource, suggesting potential for substantial extensions to the mine plan. These results, which include numerous high-grade intersections, reinforce the company’s confidence in the Scotia geological model and indicate that the mine could evolve into a long-life, high-grade underground operation, supporting ore feed for many years.
The most recent analyst rating on (AU:PNR) stock is a Hold with a A$5.50 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, primarily engaging in the exploration and production of gold resources.
Average Trading Volume: 2,921,794
Technical Sentiment Signal: Buy
Current Market Cap: A$1.87B
For detailed information about PNR stock, go to TipRanks’ Stock Analysis page.