Growth Ambitions and Development Updates
Significant Milestones already Achieved
Target First Gold Production from Fountain Head early 2023
Q3 2017
Hayes Creek MRE
237.7koz Au
16.2Moz Ag
177kt Zn
Q1 2018
PNX acquires
Fountain Head
Gold Project
Q2 2020
Fountain Head
MRE update
156koz Au
Q2 2021
Submission of
Government
Approvals, &
Glencoe MRE
79koz Au
Current Position
Q4 2021
Ongoing
Project
Engineering
PNZ
METALS
OOOOOOO
Q4 2017
PFS completed
on Hayes Creek
Q3 2019
JORC (2012)
Resource at
Fountain Head
Q3 2020
Assessing Mt
Bonnie Oxide
Au+Ag to FH Au
From end Q1
2022
Project
Financing
and FID
Up to 12 months
from FID
Target first gold
production from
Fountain Head
Q2 2021
Publish Project
PFS
From end Q1
2022
EIS approval
From Q2 2022
Onsite works
to commence
*See Appendix for further details
11View entire presentation