Pantoro (ASX:PNR) said drilling identified multiple zones of wide and high-grade gold mineralization at the Scotia underground mine in Western Australia, according to a filing with the Australian bourse on Thursday.
The firm completed 83 grade control holes in the central and southern parts of the Scotia deposit.
Development in the first three levels confirmed mineralization is located outside the current ore reserve.
The firm's shares rose over 1% in recent trading on Thursday.
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