Pantoro Gold (ASX:PNR) identified high-grade gold mineralization during recent drilling at its Norseman Gold Project's Racetrack Discovery in Western Australia, according to a Tuesday Australian bourse filing.
The results were up to 4.94 meters at 349.14 grams per tonne (g/t) gold from 603.02 meters, including 0.91 meters at 1,737.37 g/t gold from 603.02 meters and 0.43 meters at 80.67 g/t gold from 607.53 meters.
The fiscal 2027 budget includes an exploration drive to be developed from the upper levels of the OK Decline, with preliminary planning for underground infrastructure underway, the filing added.