- Pantoro (PNR) and Tulla Resources (TUL) pour the first gold at the Norseman project in Western Australia
- After some “frustrating” equipment startup and control programming issues, doré from the gravity circuit of approximately eight kilograms was poured
- Pantoro’s Managing Director Paul Cmrlec says the gold pour is the culmination of three years of hard work and the company is confident all initial issues have been resolved
- Mill throughput is set to ramp up to nameplate capacity of 125 tonnes per hour over the course of the current December 2022 quarter
- PNR shares are trading 2.78 per cent higher at 18.5 cents, while Tulla shares are up 7.95 per cent to trade at 47.5 cents at 10:57 am AEDT
The first gold has been poured at Pantoro (PNR) and Tulla Resources’ (TUL) joint venture Norseman project in Western Australia.
Pantoro is the manager of the unincorporated 50/50 joint venture, and is responsible for defining and implementing work programs, and the day to day management of the operation.
After some “frustrating” equipment startup and control programming issues during commissioning, according to Pantoro’s Managing Director Paul Cmrlec, doré from the gravity circuit of approximately eight kilograms was poured.
Simultaneously, production from the leaching circuit is underway.
Mr Cmrlec said the gold pour was the culmination of three years of hard work and the company is confident all the initial issues have been resolved.
“Norseman has been taken from a dormant site with no ore reserves or usable processing facility to full operational status.
“We thank all of our staff and contractors for their dedication to achieving this outcome during the past three years, along with our joint venture partner, Tulla Resources,” he said.
Mill throughput is set to ramp up to nameplate capacity of 125 tonnes per hour over the course of the current December 2022 quarter.
Mining operations at the Scotia Mining Centre open pits and the OK Underground Mine are also reportedly progressing well with around 160,000 tonnes of ore stocks available for processing.
PNR shares were trading 2.78 per cent higher at 18.5 cents, while Tulla shares were up 7.95 per cent to trade at 47.5 cents at 10:57 am AEDT.