6_07_01_03 - Independence Declaration
ABN 48 008 031 034
2015
ANNUAL REPORT
TABLE OF CONTENTS
ANNUAL REPORT PANTERRA GOLD LIMITED
FOR THE YEAR ENDED 31 DECEMBER 2015
Corporate Directory ii
Chairman's Letter 1
Operations Report 2
Mineral Resource Statement 8
Directors' Report 11
Auditor's Declaration of Independence 25
Consolidated Statement of Profit or Loss and Other Comprehensive Income 26
Consolidated Statement of Financial Position 27
Consolidated Statement of Changes in Equity 28
Consolidated Statement of Cash Flows 29
Notes to the Consolidated Financial Statements 30
Directors' Declaration 69
Independent Auditor's Report 70
ASX Additional Information 72
CORPORATE DIRECTORY
31 DECEMBER 2015
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Directors
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Brian Johnson Chairman & Chief Executive Officer
James Tyers Executive Director
Ugo Cario Non Executive Director
Angela Pankhurst Non Executive Director
Ruoshui Wang Non Executive Director
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Company Secretary
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Pamela Bardsley
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Registered office
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55 Kirkham Road
Bowral NSW 2576 Australia
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Principal place of business
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55 Kirkham Road
Bowral NSW 2576 Australia
Phone: +61 2 4861 1740
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Share register
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Computershare Investor Services Pty Limited GPO Box 2975
Melbourne VIC 3001 Australia
Phone: 1300 365 161
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Auditor
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BDO East Coast Partnership Level 11, 1 Margaret Street
Sydney NSW 2000 Australia
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Solicitors
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Corrs Chambers Westgarth Governor Phillip Tower
1 Farrer Place
Sydney NSW 2000 Australia
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Bankers
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National Australia Bank 93 Main Street
Mittagong NSW 2575
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Stock exchange listing
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PanTerra Gold Limited shares are listed on the Australian Securities Exchange (Code: PGI - ordinary shares, PGIOA - listed options)
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Website address
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www.panterragold.com
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ABN: 48 008 031 034
CHAIRMAN'S LETTER
Dear Shareholder
Registered Office:
55 Kirkham Road Bowral NSW 2576 Australia
PO Box 846
Bowral NSW 2576 Australia
Tel: 61 2 4861 1740
Fax: 61 2 4861 7665
Email: [email protected]
This Report covers the activities of PanTerra Gold Limited and its subsidiaries during the 12 month period to 31 December 2015.
Another year of perseverance by senior management and technical staff has seen continuing improvement in gold production from the Company's Albion/CIL process plant in the Dominican Republic which is recovering precious metals from metallurgically complex refractory tailings. This coupled with the closeout of hedge programs saw the Las Lagunas project loans reduced by US$13.9 million to US$17.8 million during the period.
The following Operations Report, which includes notes on finance and future activities, should provide Shareholders with an overview of the Group's potential.
Yours sincerely
Brian Johnson
Chairman & Chief Executive Officer 24 March 2016