Pantoro Limited announced an update to the Mineral Resource and Ore Reserve at the Green Lantern deposit, part of the Scotia Mining Centre at the Norseman Project (PNR 50%). Green Lantern lies approximately 270 metres to the south east of the Scotia Open Pit, and is open at depth and along strike to the south. The southernmost drill line completed to date is typical of the Green Lantern deposit generally with no indication that the system is weakening along strike. The current drilling, which is designed to achieve spacing suitable for Ore Reserve calculation (nominally 25m x 25m), has continued to increase resource confidence infilling multiple lodes, and further refining understanding of the controls on mineralisation. The updated Green Lantern block model was utilised in conjunction with updated costs using the current contract rates and diesel price to confirm open pit economics. The Green Lantern open pit has a strike length of approximately 1,150 metres, and a stripping ratio of 8:1. The Ore Reserve consists of 3.3 Mt @ 1.5 g/t for 160,000 ounces Au of run of mine material, and an additional 1.0 Mt @ 0.8 g/t for 26,000 ounces Au of additional low grade material. In addition the life of mine plan incorporates 160 kt @ 1.3 g/t for 6,500 ounces of Mineral Resource in the Inferred category*. The total life of mine plan includes 19,000 ounces. Additional drilling results incorporated into the Mineral Resource are as announced on 25 July 2022. 38 m @ 5.85 g/t Au from 134 m. 7 m @ 2.91 g/t Au from 248 m. 2 m @ 8.4 g/t Au from 24 m. 11 m @ 15.23 g/t Au from 259 m. 10 m @ 2.22 g/t Au from 190 m. 7 m @ 3.35 g/t Au from 24 m. 9 m @ 3.94 g/t Au from 187 m. 7 m @ 5.58 g/t Au from 204 m. 3 m @ 10.16 g/t Au from 5 m. 4 m @ 13.32 g/t Au from 100 m. 12 m @ 2.21g/t Au from 91 m.
4 m @ 10.09 g/t Au from 91 m. 3 m @ 8.77 g/t Au from 103 m. 1.3 m @ 21.16 g/t Au from 259.7 m. 11 m @ 2.23 g/t Au from 65 m. 10 m @ 3.33 g/t Au from 158 m. 4 m @ 4.93 g/t Au from 98 m. 5 m @ 9.1 g/t Au from 92 m.