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Vango Mining Ltd.
Summary
| Project: | Marymia | |
|---|---|---|
| Deposit: | Mareast | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 12-6-2019: Vango Mining Ltd. announces an Exploration/Drilling Update report for its Mareast deposit at the Marymia project. Drilling results incl. 4m @ 9.62g/t Au from 121m. Gold exploration and development company Vango Mining Limited (“Vango” or “the C | |
| 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 new, high‐grade, gold intersections from drilling at the Marwest Prospect at the 100%‐owned Marymia Gold Project, 300km northeast of Meekatharra in the Mid‐West region of Western Australia (see location Figure 1). These high‐grade results are from Vango’s current, on‐going drilling programme, targeting the >5km strike length Trident‐Marwest‐Mareast Gold Corridor, and comprises 29 holes for 3,681m to date. The current phase of drilling is focused on expanding the recently released high‐grade resource at Trident (see ASX release 18/04/19) to support the establishment of a significant, stand‐alone, high‐ grade gold mining and processing operation at the Marymia Project, and defining new open‐pit resources for early production potential. These new, high‐grade intersections at Marwest are interpreted to represent the top of two high‐grade shoots of mineralisation on section 20,640mE (see Figure 2 plan and Figure 3 section). The current programme has also tested below previous intersections on section 20,600mE including; 4m @ 7.38 g/t Au from 119m and 6m @ 24.2 g/t Au from 157m in MWRC0019 (see ASX release 28/03/19), and down‐plunge towards the Trident deposit. This component of the drilling is aimed at confirming a 2km corridor of high‐grade gold mineralisation from Marwest to the Trident deposit. The linking of these two high‐grade gold deposits offers potential to further expand the high‐grade gold resource base and develop this area into a high‐ grade gold mining centre, with potential dual underground decline access points from the proposed Trident West and the existing Marwest open‐pits respectively. | |
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