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Anglo Australian Resources (ASX:AAR) intersects broad mineralisation at Mandilla

Mining
ASX:AAR      MCAP $63.45M
27 September 2021 15:40 (AEST)

Reverse circulation drilling at the Mandilla Gold Project. Source: Astral Resources

Anglo Australian Resources (AAR) has received results from diamond drilling at its Mandilla Gold Project in Western Australia.

These latest results come from 11 holes drilled as part of a diamond and reverse circulation (RC) drilling program completed in the first quarter of the year.

Best results include 1.4 metres at 28.03 grams of gold per tonne (g/t) from 165 metres including 0.7 metres at 44.5g/t gold, 37.33 metres at 0.76g/t gold from 250.17 metres, 10.05 metres at 1.75g/t gold from 195.5 metres and 9.85 metres at 1.33g/t gold from 169.5 metres.

The company believes the broad sections of mineralisation demonstrate the potential to extend mineralisation at Mandilla East by a further 120 metres to the southeast.

Managing Director Marc Duclr was pleased with the results, claiming the recent holes revealed multiple important developments.

“Firstly, they have shown that high-grade gold associated with quartz veining at Mandilla East extends further to the east, as demonstrated by the very high-grade 44g/t intercept,” he said.

“Secondly Mandilla East is continuing to extend to the southeast as demonstrated by holes MDRC342 and MDRCD250. Finally, mineralisation at Mandilla South appears to have a higher-grade core associated with the sediment/intrusive contact.”

Since drilling recommenced in August, AAR has completed 8433 metres of RC drilling. The next batch of results are expected in early October when diamond drilling resumes.

Company shares ended the day 1.22 per cent in the green to close at 8.3 cents.

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