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Vango Mining Ltd.
Summary
| Project: | Plutonic Dome | |
|---|---|---|
| Deposit: | Trident | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 24-4-2018: Vango Mining Ltd. announces an Exploration/Drilling Update report for its Trident deposit at the Plutonic Dome project. Drilling results incl. 6m @ 15.4g/t Au from 198m. Gold exploration and development company Vango Mining Limited (ASX:VAN, “V | |
| 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 very pleased to announce the first results from its current phase of drilling 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). The results from the first two Reverse Circulation (“RC”) holes and the first two diamond‐core holes have delivered outstanding high‐grade intersections which continue to confirm Trident as a significant, very high‐grade gold development opportunity, including: Figure 2 shows the location of the drilling planned and completed at Trident and Figure 3 is a cross section (19420mE) showing the position of the very‐high grade VTRRCD0007 diamond drill‐hole intersection, verifying and extending below previous high‐grade gold intersections in predominantly RC holes. The results of VTRRCD0008, also on this cross section, are expected shortly. This first stage of the Plutonic Dome drilling programme at the flagship Trident gold deposit commenced last month (ASX announcement, 9 March 2018), and is designed to upgrade and extend the current resource to a JORC 2012 compliant Indicated Resource at Trident, to allow underground mining studies to proceed. Drilling has made strong progress with the two rigs (RC and diamond) in operation on site having almost completed this phase of the programme. The Reverse Circulation (RC) component of drilling at Trident has been completed, with 19 holes drilled including 13 pre‐collars for a total of 2,949 metres, and 9 of a planned 13 diamond drill‐holes have been completed to date for a total of 957 metres of diamond drill‐core. | |
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