Production increased by 33% quarter-on-quarter and all-in sustaining costs for the quarter are expected to be $1,120-$1,160.
The rate of annualised production for the quarter was more than 50,000 ounces with production mostly coming from the Nicolsons underground mine.
A minor contribution was made from the Wagtail underground mine which will be ramped up to increase overall Hall’s Creek production.
Development work at Nicolson’s has drilled about 450 metres below surface and confirmed the continuation of high-grade ore within the northerly plunge of the ore body, about 130 metres below the current workings.
Wagtail development has intersected the ore zone on the 2200 level with ore development underway.
The Wagtail North portal.
Ore mined at Wagtail is expected to progressively increase through 2019 as additional ore drives are developed and production begins.
Adits developed at Wagtail South have identified additional high-grade ore which supports a cutback of the current open pit ahead of establishing the Wagtail’s second underground access.
The company has applied for approvals required to undertake the cutback and expects to start mining during the first half of 2019 pending final approvals.
Pantoro recently intersected high-grade gold at its Grants Creek project, also in the Halls Creek area.
Results feature 5 metres at 9.25 g/t gold from 38 metres at the Perseverance prospect and 2 metres at 11.04 g/t from 46 metres at the Star of Kimberley prospect.
Notably, Grants Creek was only recently acquired and is part of Pantoro’s strategy to consolidate prospective ground in the region.