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Vango Mining Ltd.
Summary
| Project: | Plutonic Dome | |
|---|---|---|
| Deposit: | Trident | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/16/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 16-5-2018: Vango Mining Ltd. announces an Exploration/Drilling Update report for its Trident deposit at the Plutonic Dome project. Drilling results incl. 3m @ 15.3g/t Au from 161m. Gold exploration and development company Vango Mining Limited (ASX:VAN) is | |
| 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) is very pleased to announce new, high‐grade, gold drilling intersections from its resource drilling programme at the Trident Gold Deposit, at the 100%‐owned Plutonic Dome Gold Project (“Plutonic Dome”) in the Mid‐ West region of Western Australia (See Figure 1 for Plutonic Dome location and geology). Results have been received from a further three diamond holes and four RC holes and include diamond drill‐hole VTRRCD0008 that produced three high‐grade gold intersections within a broad alteration zone of 71m with an overall average grade of 2.1 g/t Au. This very wide zone of gold mineralisation occurs where the mineralised zone “flexes” and steepens in dip (see cross section Figure 4), and also confirms a lower, high‐grade, zone (7.1m @ 5.2 g/t Au from 195.9m including 2.1m @ 12.4 g/t Au) that will require additional drilling to define. Highlighted drilling intersections are as follows: Drilling and now been completed on this phase of the Trident programme, with 19 holes drilled including 13 RC pre‐collars for a total of 2,949 metres, and 12 diamond drill‐holes have completed to date for a total of 1,337 metres of diamond drill‐core with one diamond hole abandoned due to drilling issues. Results have been received for the 6 RC holes and 5 diamond holes with the majority of those holes producing significant gold intersections. Figure’s 2 and 3 show the location of the drilling now completed at Trident and Figure 4 is a cross section (19420mE) showing the position of the high‐grade VTRRCD0008 gold intersections within the 71m @ 2.1 g/t Au alteration envelope, and the very‐high grade VTRRCD0007 diamond drill‐hole intersection (6m @ 15.37 g/t Au from 198m, including 4m @ 22.5 g/t Au), verifying and extending previous high‐grade intersections in predominantly RC holes. Selected samples from the drill‐holes are routinely despatched and are being analysed at Intertek laboratories in Perth. Further results will be reported when they become available. | |
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