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PANTORO Key Highlights Quarterly Report Ending 30 June 2021 ⋅ • • Norseman Project ( Pantoro 50 % ) Drilling continued throughout the quarter with a new discovery made in the Noganyer unit at the Scotia Mining Centre following geological mapping and surface sampling late in 2020 . Excellent drilling results returned across the project with results released from Scotia Mining Centre , Sailfish , and Maybell Mining Centre during the quarter . Demolition of the historical Phoenix processing plant and redundant infrastructure completed in preparation for construction of the new plant . EPC Offsite works contracted to GR Engineering underway with design and drafting well advanced and all significant equipment items on order . Camp contractor RAMS has extensively advanced the construction of the accommodation village with all 260 accommodation rooms now in place . Drilling is continuing with 6 drill rigs utilizing a combination of RC and diamond . Focus areas include the Scotia Mining Centre and the Mainfield Mining Centre . Halls Creek Project Production of 8,880 ounces with AISC of $ 1,570 / Oz . • Project cashflow of $ 3.1M inclusive of all capital and exploration costs . . • • All production metrics were within expected ranges with unit costs at the lower end and cashflow at the mid- point . Mining continues from both Nicolsons and Wagtail underground mines , with ongoing development and drilling continuing to extend known mineralisation at Wagtail . Corporate Closing cash and gold balance of $ 49.2 million . Enquires Paul Cmrlec - Managing Director | Ph : +61 8 6263 1110 | Email : admin@pantoro.com.au * $ 47.4M cash and metals account , 790 ounces in safe and GIC @ $ 2,345.24 Pantoro Limited ABN 30 003 207 467 T : +61 8 6263 1110 | E : admin@pantoro.com.au | W : www.pantoro.com.au PO Box 1353 West Perth WA 6872 | 1187 Hay Street , West Perth WA 6005