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Pantoro Gold Funds $20M to Develop High-Grade Rama Open Pit with Underground Option
9:10am on Thursday 23rd of April, 2026 AEST
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Mining
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Pantoro Gold Funds $20M to Develop High-Grade Rama Open Pit with Underground Option
9:10am on Thursday 23rd of April, 2026 AEST
Key Points
Pantoro advances $20 million to Mega for Rama Open Pit stage 2 development
Ore processing and payment structured on sliding scale tied to gold grade
Mega expected to deliver 115,000 tonnes at 4.7 g/t gold with minimum 17,700 ounces
Exclusive 12-month option for Pantoro to develop underground mine beneath the open pit
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