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Anglo Australian Resources NL
Summary
| Project: | Mandilla | |
|---|---|---|
| Deposit: | Mandilla | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/4/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-8-2017: Anglo Australian Resources NL announces an Exploration/Drilling Update report for its Mandilla deposit at the Mandilla project. Drilling results incl. 8m @ 0.557g/t Au from 44m. Anglo Australian Resources NL (“Anglo Australian” or the “Company”) | |
| Resources: | (Resource, Inf.): 357Mt @ 3.3g/t Au for 38koz Au contained at Mandila East | |
| CP/QP: | [Overall Report]: David Otterman (DW Otterman Exploration Consultant) | |
| ABSTRACT: | Anglo Australian Resources NL (“Anglo Australian” or the “Company”) (ASX: AAR) is pleased to provide the following update in relation to the aircore drilling campaign undertaken recently at its Mandilla Gold Project. The Mandilla Gold Project is located 75 kilometres south of Kalgoorlie and 24 kilometres south of Kambalda, Western Australia. Geology in the project area consists of a sequence of mafic and ultramafic rocks in contact with felsic volcaniclastic and sedimentary rocks of the Mandilla Formation. The sedimentary sequence is intruded by the Emu Rocks Granite. The western contact of the granite is faulted by an interpreted southern extension of a splay fault of the Zuleika Shear Zone, which hosts +1 million ounce deposits at Raleigh and Mt Marion. Previously at Mandilla, Anglo Australian achieved production of approximately 23,000 ounces of gold from an open-cut paloechannel. At Mandilla East, the Company has identified a bed-rock gold Inferred Resource of 357,000 tonnes at 3.3 g/t Au for approximately 38,000 contained ounces (ASX 13/06/13). The aircore drilling campaign involved the completion of three traverses along strike and to the south of these previous intersections. Some 28 holes were drilled for an aggregate 1,525 metres, an average depth of approximately 55 metres per hole. Drilling was undertaken at 400 x 100 metre spacing. | |
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