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Anglo Australian Resources NL

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Summary

Project:

Mandilla

Deposit:Mandilla
Location:Australia
Commodities:Gold
Date:5/15/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:15-5-2019: Anglo Australian Resources NL announces an Exploration/Drilling Update report for its Mandilla deposit at the Mandilla project. Drilling results incl. 11m @ 1.49g/t Au from 57m. In September 2018, Anglo Australian commenced a drilling campaign
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David Otterman (DW Otterman Exploration Consultant)
ABSTRACT:In September 2018, Anglo Australian commenced a drilling campaign to confirm the size and extent of the Mandilla South target. Results of that campaign, announced to the ASX on 28 November, showed the target to be of substantial size, with a supergene enriched gold zone exceeding 2.5 kilometres in strike length and with a width of up to 250 metres. The Company stated in the announcement that identification of a bedrock target was a high priority. In April, 2019, the Company undertook a slim-line reverse circulation (“RC”) drilling campaign primarily aimed at seeking to identify whether any higher grade supergene gold enriched zones were present along the length of the target. A total of 27 holes were completed for an aggregate 1,898 metres of drilling, with an average depth per hole of approximately 70 metres. The holes were drilled on a broad 80 x 50 metre grid. Four metre composite samples were submitted for assay. Intersections of interest were subsequently reassayed over one metre intervals.

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