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Pantoro reports 21,864 ounces of gold production at Norseman

Pantoro reports 21,864 ounces of gold production at Norseman

Pantoro Gold reported quarterly gold production of 21,864 ounces at its Norseman Gold Project for the period ended 30 September 2026. The company said annual guidance is 90,000 to 105,000 ounces, with 40% to 45% expected in the first half.

The company said it sold 22,834 ounces during the quarter at an average price of $6,067 per ounce, reported all-in sustaining costs of $3,860 per ounce and EBITDA of $63.1 million. Cash and gold increased by $16.6 million after $36.3 million of major project and exploration capital expenditure, according to Pantoro.

At Scotia Underground, Pantoro reported 2,005 metres of development and 98,638 tonnes of ore mined at 3.22 g/t gold. The OK Underground Mine produced 6,497 ounces, compared with 4,890 ounces in the June 2026 quarter, the company said.

Pantoro said it closed the quarter with $240.0 million in cash and gold, remained free of corporate debt and unhedged. The reported total includes $224.9 million in cash and gold at the mint and 2,542 ounces of gold in circuit valued at $5,963.04 per ounce.

Source: Download PNR official ASX announcement, 2026-10-22.

Green Lantern Stage 2 open-pit mining, from Pantoro Gold’s Quarterly Report for the period ending 30 September 2026.