Investor Presentaiton
29
ASSET OPTIMISATION
CONSORT OPERATIONS - LOM OF 6 YEARS
•
Extraction of Prince Consort ('PC') Shaft pillar
•
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PC Shaft pillar - Mineral Resource of 48,820t @ 25.54g/t for 40Koz
Development to PC Shaft pillar completed in May 2020 - first target
block with proved Mineral Reserve of 5,000 tons at av. grade of
25g/t
Forecast production of ~3,900oz to 7,800oz per annum from PC shaft
pillar at steady-state
• Life of project forecasted at 3 years
Targeting all-in sustaining cost of -USD1,200/oz
Maximise Consort plant capacity
PAN AFRICAN
RESOURCES
•
.
Process additional surface source material at Consort plant to
maximise plant capacity
Exploration
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36 exploration targets have been identified at New Consort and will
be explored during the 3 years of PC Shaft pillar mining
Initial sampling revealed
grades in excess of
300g/t, containing large
amounts of visible goldView entire presentation