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Vango Mining Ltd.
Summary
| Project: | Marymia | |
|---|---|---|
| Deposit: | Wedgetail, Mareast | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-7-2019: Vango Mining Ltd. announces an Exploration/Drilling Update report for its Wedgetail, Mareast deposit at the Marymia project. Drilling results incl. 6m @ 5.83g/t Au from 25m. Gold exploration and development company Vango Mining Limited (“Vango” | |
| 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 further high‐grade gold drilling intersections, from drilling at the Wedgetail Prospect, on the 100%‐owned Marymia Gold Project, 300km northeast of Meekatharra in the Mid‐ West region of Western Australia (see location Figure 1). The Wedgetail gold deposit is located along a parallel structural trend to the southeast of the Trident‐ Marwest‐Mareast Corridor (see Figure 2). High‐grade gold mineralisation at Wedgetail is hosted by mafic volcanics and felsic “porphyry” intrusions and associated with quartz veining and sulphides, best developed where the gold bearing structures intersected the mafic volcanics (see VWERC0007 intersection, cross section Figure 3). In addition, re‐sampling of a 4m composite at MarEast, grading 9.5 g/t Au from 76m in VMERC0007 (ASX release 23/5/19), has produced the following very high‐grade intersection. The intersection of shallow, high‐grade, gold mineralisation at Wedgetail, and the previously announced high‐grade intersections at MarEast and at Mars (see ASX release 19/6/2019), presentsthe Company with multiple opportunities to add high‐grade open‐pit resources to the Project’s inventory, and contribute to a major upgrade of the recently released high‐grade gold resource at the Trident Deposit, within the Marymia Project (see ASX release 18/04/19). Vango’s targeted, ongoing drilling programmes are designed to deliver a substantial high‐grade gold resource to support a proposed large‐scale, stand‐alone, mining and processing project. | |
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