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Vango reports new high-grade gold at Marwest

Industrial
ASX:VAN
11 June 2019 23:28 (AEST)

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Vango Mining Limited has announced promising high-grade, gold intersections from recent drilling at the Markets prospect at its wholly-owned Marymia Gold project. Marymia is located 300 kilometres northeast of Meekatharra in the Mid-West region of Western Australia.

The on-going drilling program is targeting the five-kilometre strike length Trident‐Marwest‐Mareast Gold Corridor and includes 29 holes for 3,681 metres so far. Currently, the company’s focus is on expanding the recently released high-grade resources at Trident and defining new open-pit resources for early production potential.

The high-grade intersections at Marwest represent the highest shoots of mineralisation on section 20,640mE and include: 4m @ 9.62 g/t Au from 121m incl. 1m @ 14.7 g/t Au in VMWRC0004, and, 11m @ 3.05 g/t Au from 137m incl. 6m @ 4.25 g/t Au incl. 1m @ 11.5 g/t Au in VMWRC0004.

Vango Mining is focused on confirming a two-kilometre corridor of high-grade gold mineralisation from to the Trident deposit. Linking these two high-grade deposits means the company can expand the high-grade gold resource base further and develop the area into a high-grade gold mining centre.

The company is awaiting results from the deeper extensions interpreted from the two significant, high-grade shoots.

Dependent on results, follow-up drilling will be undertaken on section 20,640mE. This will aim at defining further high-grade gold resources in support of the company’s plans for a mass mining operation at Marymia.

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