For thousands of other reports visit RSC's Mineral Intellingence Map
Vango Mining Ltd.
Summary
| Project: | Marymia | |
|---|---|---|
| Deposit: | Albatross-Flamingo | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/21/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-1-2020: Vango Mining Ltd. announces an Exploration/Drilling Update report for its Albatross-Flamingo deposit at the Marymia project. Drilling results incl. 14m @ 6.99g/t Au from 48m. Gold exploration and development company Vango Mining Limited (“Vango | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jonathon Dugdale (Discover Resource Services Pty Ltd.) | |
| ABSTRACT: | Gold exploration and development company Vango Mining Limited (“Vango” or “the Company”) is pleased to announce further high‐grade gold intersections from its recently completed drilling program, at the Albatross and Flamingo prospects, at its 100%‐owned Marymia Gold Project, 300km northeast of Meekatharra in the Mid‐West region of Western Australia (see location and geology, Figures 1 and 2). This phase of drilling delivered highly positive results and has confirmed the exceptional, high‐grade open‐pit resource potential of the Albatross and Flamingo prospects. Drilling comprised an initial, wide spaced reverse circulation (RC) drilling programme of 12 holes for 1,852m, in three approximately 200m spaced zones along the >600m strike length of the Albatross and Flamingo prospects (see Figure 3 for drillhole locations). All assay results have now been returned and have delivered broad, shallow high‐grade mineralisation in all three zones. These outstanding results have highlighted resource potential to the north, west and at depth below the Albatross and Flamingo historical open pits. Following re‐interpretation of the mineralised zone geometries a new resource model will be generated to be included in a planned resource upgrade for the entire Marymia Gold Project. The significant new drilling intersections from Albatross and Flamingo are generally associated with shallow west dipping and northwest plunging zones of oxidised to semi‐oxidised quartz‐sulphide mineralisation close to the upper boundary of the interpreted Mine‐Mafic. The shallow dipping mineralisation is associated with corridors of steeply dipping fault structures (see cross sections 7880mN (Figure 4) and 8160mN (Figure 5), Flamingo, and 7680mN (Figure 6), Albatross), that are interpreted to have driven dilation acrossthis contactzone. Some deeper mineralisation has also been intersected close to the base of the Mine‐Mafic on section 7880mN (VAFRC0001: 10m @ 1.41 g/t Au from 138m – see cross section 7,880mN (Figure 3)) that may represent down‐dip extensions of the Triple‐P mineralisation, located 1km to the east (Figure 2). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report