- Vango Mining (VAN) unveils further gold intersections from an ongoing open-pit drilling campaign at its Marymia Gold Project in the mid-west region of WA
- The latest results are from the remaining two holes at the Rosella open-pit target and confirm the continuity of the gold structure at depth across the open-pit
- Vango has now completed the first-phase drilling of 11 open-pits and included 8914 metres of reverse circulation drilling across 56 holes
- The company now plans to conduct a second phase of drilling at all targets that delivered positive results
- On the market, Vango is down 1.72 per cent and trading at 5.7 cents per share
Vango Mining (VAN) has unveiled further gold intersections from an ongoing open-pit drilling campaign at its Marymia Gold Project in the mid-west region of WA.
The latest results are from the remaining two holes at the Rosella open-pit target and confirms the continuity of the gold structure at depth across the open-pit.
Results include 2 metres at 1.2 grams per tonne (g/t) gold from 89 metres, 1 metre at 2.2 g/t gold from 50 metres and 3 metres at 2.6 g/t gold from 101 metres.
Vango has now completed the first-phase drilling of 11 open-pits and included 8914 metres of reverse circulation drilling across 56 holes.
Previous drilling at Rosella has delivered multiple high-grade gold intersections, including 8 metres at 10.5 g/t gold from 44 metres and 7 meters at 5.3 g/t gold from 83 metres.
The majority of the holes have been reported, with Vango awaiting results from four open-pits.
The company now plans to conduct a second phase of drilling at all targets that delivered positive results.
Marymia has the potential to become a significant Australian high-grade producer. Notably, the Greenstone Belt in the Marymia region includes six major gold corridors.
On the market, Vango was down 1.72 per cent and is trading at 5.7 cents per share at 10:42 am AEDT.