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Vango Mining Ltd.
Summary
| Project: | Marymia | |
|---|---|---|
| Deposit: | PHB-1 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/23/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-3-2020: Vango Mining Ltd. announces an Exploration/Drilling Update report for its PHB-1 deposit at the Marymia project. Drilling results incl. 15m @ 6.51g/t Au from 118m. Gold exploration and development company Vango Mining Ltd (“Vango” or “the Compan | |
| 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 Ltd (“Vango” or “the Company”, ASX:VAN) is pleased to report further high-grade gold intersections from the PHB-1 area on its 100%-owned Marymia Gold Project, 300km northeast of Meekatharra in the Mid-West region of WA (Figure 1). PHB-1 is situtated to the northeast of the K2 open-pit. The new intersections are from Reverse Circulation (RC) drilling targeting a shallow northerly plunging extension of the Main and Central Lodes that were mined previously in the historical open-pit (Figure 2). RC drillholes VK2RC0009 and VK2RC0010a produced high-grade intersections from targeted extensions of the Main Lode structure, based on the new, shallow plunge, interpretation of the gold mineralised zones (refer longitudinal projection Figure 2 and cross sections Figures 4 and 5). Significant intersections include: These intersections at the PHB-1 prospect, come from an area where very few drillholes have tested projected extensions of the Main Lode, Central Lode and Eastern Lode structures, including below and along strike from the 7m @ 103.6 g/t Au intersection from drillhole VK2RC00071 (Image 2). | |
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