Panoramic signs farm-in agreement to explore for gold on the Tushtena Project, Alaska

Panoramic Resources Limited is pleased to announce that it has signed a farm-in agreement with Triton Gold Limited and Tushtena Resources Inflow chart of 300 tph trolley mounted crusherc (Tushtena) to explore for high grade gold on the Tushtena Gold Project, Alaska (Tushtena Project).

Panoramic can spend US$2.6 million prior to June 2013 to earn 51% in the project. Panoramic is required to fund the first phase of exploration for a maximum expenditure of US$1.0 million before it can withdraw from the project. Triton will manage the exploration on behalf of Panoramic.

Phase 1 – Exploration

• Maximum expenditure US$1.0 million


• Four diamond holes for 1,600 metres into the Discovery Zone


• Diamond drilling is targeting high grade lode gold mineralisation

Tushtena Gold Project

The Tushtena Project covers an area of 41.4 square kilometres in the 1,200 km long Tintina Gold Belt, which stretches from Northern British Columbia to SW Alaska.

The province is host to world class gold deposits such as Pogo (5 Moz), Fort Knox (7 Moz), and Livengood (6.8 Moz), and remains a prime area for gold exploration.