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Transaction Announcement Reports
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Project: | Plutonic Dome | |
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Deposit: | K1 | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 6/29/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Environmental Approval | |
Report details: | 29-6-2017: Vango Mining Ltd. announces an Exploration/Drilling Update report for its K1 deposit at the Plutonic Dome project. Drilling results incl. 7.15m @ 17.1g/t Au from 193.85m. Gold exploration and development company, Vango Mining Limited (ASX: VAN) | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: David Jenkins (Terra Search Pty Ltd.) | |
ABSTRACT: | Gold exploration and development company, Vango Mining Limited (ASX: VAN) (“Vango” or “the Company”) is pleased to announce that it has intersected high-grade gold mineralisation in the first two Diamond drillholes from its recently completed drilling programme at the Trident Prospect, on the Company’s 100%-owned Plutonic Dome Gold Project in the Mid-West region of Western Australia. The drilling programme included five diamond drillholes and three RC holes that tested Vango’s flagship Trident Gold Deposit, and was extended to test the nearby K1 Deposit within the Plutonic Dome Project area (see Figure 5, Project Location Map). Drilling commenced early last month (ASX announcement, 2 May 2017) and is now complete. Priority samples from the target zones intersected in the first two Diamond drillholes at the Trident Deposit, VTRDD0001 and VTRDD0003, have now been analysed and both holes have returned significant high grade intersections. Further samples from these, and the remaining three, Diamond drillholes, have been sent for laboratory analysis and more will be submitted as the drilling is geologically processed. Results will be progressively released as they become available in the coming weeks. The Diamond drilling at Trident was designed to test for extensions to previously drilled zones of high grade gold mineralisation within the Trident resource, and to determine the structural controls on the mineralisation within the Deposit. The RC holes targeted a shallower mineralised zone in an area of limited previous drilling. Details of the drill holes completed are shown in Table 1 and Figure 1. | |
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