a8d6cd12-9046-4fe8-a2c7-aba4293506b9.pdf
3 June 2016
ASX Announcement
ASX: PGI
ABN: 48 008 031 034
Registered Office:
55 Kirkham Road
Bowral NSW 2576 Australia PO Box 846
Bowral NSW 2576 Australia
T: +61 2 4861 1740
Email: [email protected]
Project Offices:
DOMINICAN REPUBLIC
Calle Mayaguano No. 2 Los Cacicazgos,
Santo Domingo, Distrito Nacional T: +1 809 482 0876
CANADA
880 - 580 Hornby Street Vancouver, BC, V6C 3B6 T: +1 604 806 0626
PanTerra Gold Limited
Las Lagunas Gold Production Continues above Budget
PanTerra Gold Limited (ASX: PGI) (PanTerra Gold or the "Company"), advises that 4,260 oz of gold production at Las Lagunas for May 2016 continues at well above budget.
1
PanTerra Gold Limited - ASX Announcement 3 June 2016
A dip in production is expected in June 2016 due to a planned three-yearly maintenance shut down of one of the two oxygen plant trains which will lead to reduced throughput for a period of ten days.
Irrespective of this, the revised forecast operating profit remains on target at approximately US$20 million in 2016. Surplus cash flow after financing and overhead costs is being applied to debt reduction and investigation of future business opportunities that will extend the Group's operations.
End
2