Pantoro’s Post

Next steps for Siren Gold Limited to progress the Reefton and Sams Creek project.

📢 Pantoro Enters Gold Price Protection Facility Pantoro Limited (ASX: PNR) has secured price protection for 24% of its 2025 gold production, using put options with a protection value of A$3,500/oz and call options with a value of A$4,200/oz. The company has also hedged 800,000 litres of diesel per month for 12 months to lock in current low prices, adding further stability to its operating costs. Paul Cmrlec, Managing Director, stated: “These trades are a prudent risk management step which continues to provide Pantoro with full exposure to gold prices up to $4,200 per ounce, with minimal downside as and when prices rise higher. Stability in our diesel pricing at current low rates provides further protection to operating margins at the Norseman Gold Project." Full announcement 👇 👉 Stay updated with Pantoro’s latest news: https://lnkd.in/g9U2-D6y #ASX #PNR #Pantoro #Gold #NorsemanProject

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) managing director Nic Earner sits down with Proactive’s Tylah Tully to run through the company’s latest quarterly update. At its Tomingley Gold Operations in Central West NSW, #GoldProduction for the quarter reached 18,418 ounces, in line with the forecast. Site operating cash costs were A$2,000/ounce and the All-In Sustaining Cost (AISC) was A$2,200/ounce. The site generated A$19.2 million in operating cash flow and #gold sales totalled 19,000 ounces, generating A$65 million in revenue at an average price of A$3,400/ounce. The full-year FY2025 production guidance remains unchanged at 70,000 to 80,000 ounces of gold, with an AISC between A$2,400 and A$2,600/ounce. The higher AISC is attributed to increased decline development costs. Watch at #Proactive #ProactiveInvestors #MiningAustralia #GoldStocks #GoldMining http://ow.ly/lsLu105LPiS

Golden Cariboo Resources Ltd. (CSE: GCC | OTCQB: GCCFF | WKN: A0R2CQ | FSE: 3TZ). I initiated coverage through Couloir Capital of this Company and team that are working to re-start the Cariboo Gold Rush - again. They were successful at it before and we are confident that they will work to make it happen again on their new project in this gold rich part of BC. #gold #juniorexploration #Cariboogoldrush #equityresearch They have already found gold and are looking to expand their discovery with an active drill program and property wide exploration programs. We see upside with the anticipated positive results from their programs in the current positive gold price environment. The full report can be access with the links below. https://lnkd.in/gbT7zvcZ

Alkane Resources Ltd ' latest quarterly report reveals steady gold production and expansions at Tomingley, promising a robust operational outlook. Read More https://lnkd.in/g-gAJTay #AlkaneResources, #TomingleyGoldOperations, #goldProduction, #financialResults, #marketInsights

New Zealand #gold explorer RUA GOLD today announced its plan to acquire Siren Gold's Reefton assets to become the dominant landholder in the region. In exchange for 100% of Siren Gold’s subsidiary (Reefton Resources) issued and outstanding shares, the ASX-listed issuer will receive C$1.8M in cash and C$16.6M worth of RUA shares. The combination is expected to increase RUA’s landholding from ~34k hectares to ~120k hectares, covering all known past production camps outside of Blackwater and the Globe Progress mines. To learn more about this transaction, click here: https://bit.ly/4bIdKHI #exploration #NewZealand #acquisition #highgradegold

The acquisition of these 3 mines is an implementation of RMKE’s strategy to diversify its operational geographic area by seeking opportunities outside South Sumatra. We see that Jambi has an enormous potential to optimize its coal production with the development of more integrated infrastructure. Similar to the challenges in South Sumatra, RMKE comes as the coal logistic solution with the more integrated facilities to optimize the production volume. With the extensive experience that we have gained in South Sumatra, we are sure that we can optimize the coal potentials in Jambi which can contribute to the operational and financial performance of RMKE ahead.

Proactive’s Tylah Tully sits down with Pantoro Ltd (ASX:PNR, OTC:PNTOF) managing director Paul Cmrlec to discuss its September quarterly results. Pantoro produced 21,374 ounces of #gold at the Norseman Gold Project in Western Australia during the September quarter, marking a 3% increase compared to the previous quarter. The company achieved an EBITDA of $32.5 million for the period. The all-in sustaining cost (AISC) for the quarter was $2,395 per ounce and Pantoro’s cash and gold reserves grew by $8.5 million to reach $112.3 million by September 30. Operationally, the company completed mining activities at the Scotia Open Pit and Green Lantern with output from the OK Underground Mine rising to 9,661 ounces. The Scotia Underground Mine saw 1,076 metres of development, encountering high-grade ore while planning is underway for an open pit at Princess Royal Mining Centre. Watch at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining #GoldStocks #GoldProduction http://ow.ly/qB7b105LQ9c

Far East Gold Ltd (ASX:FEG, OTC:FEGDF) CEO Shane Menere joins Proactive’s Tylah Tully to discuss the company’s latest milestone. It has delivered an initial JORC 2012 inferred mineral resource estimate of 540,000 ounces of #gold at 4.1 g/t and 468,000 ounces of #silver at 3.6 g/t at its Idenburg Project in Papua, Indonesia. This estimate, based on just three prospects within the Idenburg Contract of Work was developed by SMG Consulting using historical drill hole data and new topographic survey information without additional drilling. The prospects contributing to this estimate — Sua, Bermol and Mafi — are three of the 14 targets identified, covering only 30% of the project area, leaving substantial potential for future exploration. SMGC conducted a comprehensive review, modelling mineralisation based on geological continuity and grade using inverse distance weighting (IDW) for Sua and Mafi. Watch at #Proactive #ProactiveInvestors #ASX #FEG #GoldMining #GoldStocks #MiningAustralia http://ow.ly/yt6o105ORcw

Killi enters into an Option and Joint Venture Agreement with Gold Fields over the West Tanami Project, and Placement Gold Fields can earn up to 85% interest in the Project by spending $13 million on exploration activities over 2 stages.   Gold Fields to manage the Project and meet all costs, with Killi leveraged to a gold discovery through its Project interest. Agreement validates the Company’s work to date and the belief that the West Tanami Project has the potential to host a large new scale orogenic gold deposit. Gold Fields to subscribe for $500,000 in Killi shares subject to shareholder approval, affirming the prospectivity of the Company’s Mt Rawdon West Copper-Gold and Ravenswood North Gold Projects in Queensland. Oversubscribed share placement completed to raise an additional $1 million (Total $1.5m including Gold Fields). Mt Rawdon exploration program to commence where high grade rock chips up to 7.2% Cu and 12.4g/t Au recorded within a 4.5km x 1.5km Cu-Au-Mo soil anomaly.