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Anglo Australian Resources NL

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Summary

Project:

Mandilla

Deposit:Mandilla
Location:Australia
Commodities:Gold
Date:6/19/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-6-2020: Anglo Australian Resources NL announces an Exploration/Drilling Update report for its Mandilla deposit at the Mandilla project. Drilling results incl. 26m @ 8.29g/t Au from 76m. Anglo Australian Resources NL (ASX: AAR) (Anglo Australian or the
Resources:(not mentioned in this report)
CP/QP:[Overall Report] Julie Reid (Internal)
ABSTRACT:Anglo Australian Resources NL (ASX: AAR) (Anglo Australian or the Company) is pleased to advise that recent RC and diamond drilling has significantly expanded the gold mineralised footprint at the Company’s 100%- owned Mandilla Gold Project, located 70km south of Kalgoorlie in Western Australia (Figure 1). The Mandilla Gold Project lies on the western margin of a porphyritic granitic intrusion known as the Mandilla Syenite. The syenite intrudes volcanoclastic sedimentary rocks in the Project area which form part of the Spargoville Group as shown in Figure 2. Significant NW to WNW-trending structures along the western flank of the project are interpreted from aeromagnetic data to cut through the Mandilla Syenite and may be important in localising mineralisation at Mandilla East. A second sub-parallel structure appears to host Mandilla South. The Mandilla Gold Project is covered by existing Mining Leases. Over the period 2006 to 2007, Anglo Australian mined approximately 23,000 ounces of gold at a recovered grade of approximately 7.5 g/t Au from two shallow (less than 20 metres deep) open pits at Mandilla West targeting paleochannel gold deposits, the gold likely sourced from in-situ mineralised quartz vein deposits located nearby.

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