Work Underway On Maiden Mineral Resource Estimate
Anglo Australian NL (ASX: AAR) has received significant new assay results from recent in-fill drilling, highlighting the presence of wide zones of gold mineralisation at the company’s 100%-owned Mandilla Gold Project, located 70km south of Kalgoorlie in Western Australia.
Highlight results include:
- 83m @ 1.47g/t Au from 96m;
- 64m @ 1.88g/t Au from 44m;
- 84m @ 1.00g/t Au from 91m;
- 53m @ 0.92g/t Au from 58m plus 36m @ 1.24g/t Au from 124m; and
- 37m @ 0.97g/t Au from 113m.
Managing Director, Marc Ducler, said numerous occurrences of visible gold have also been observed in samples awaiting assay.
“These impressive new results from in-fill drilling of the Mandilla East Main Zone demonstrate the very large-scale nature of this gold project. Work on the Mineral Resource Estimate has started, and we expect this to be completed during May 2021 – which we anticipate will provide investors with the first real insight into the scale of the commercial opportunity at Mandilla.
“We have been drilling almost continuously at Mandilla since last September, and our current drill programs have just come to an end. A significant number of assay results are still outstanding, and we are looking forward to receiving those results over the next few weeks, incorporating them into our database and planning the next phases of drilling at Mandilla.
“The diamond drilling that was recently completed is looking visually interesting, with visible gold observed in hole MDRCD342, which was testing the potential linkage of mineralisation between Mandilla East and Mandilla South.
“So, while AAR is having a brief hiatus in drilling – the Mandilla Gold Project is only just starting to reveal its potential. We are looking forward to what promises to be a very active and exciting time over the next few months with lots of drill results still to come, a pivotal maiden JORC Mineral Resource next month and exploration drilling set to begin by mid-year to unlock the next chapter of opportunity at Mandilla.”
