On Track To Deliver Significant Marymia Gold Project Resource Upgrade
Vango Mining Limited (ASX:VAN) has hit a bonanza grade intersection of 2m @ 102.2 g/t au in its recently completed 2020 drilling programme at the company’s 100% owned Marymia Gold Project in Western Australia.
These results come from targeted drilling within the Trident Corridor and include th bonanza grade intersection from the Trident Extension zone of; 9m @ 26.2 g/t Au from 137m incl. 2m @ 102.2 g/t au from 139m in hole VTRRC0066.
Executive Chairman Bruce McInnes said this excellent result extends a high-grade zone intersected in historical hole PBRC0218 (of 12m @ 9.5 g/t Au including 2m @ 40.4 g/t Au). There has been little previous drilling on this section with only one oblique hole at depth.
These results represent a significant zone of mineralisation a further 250m to the north east of the previously announced Trident resources with further results still to come from this extension zone. Of significant note, it also may form part of a more substantial zone of mineralisation linking the Trident resource to the Marwest mineralisation 300m to the northeast.
During the drilling campaign five Diamond holes testing for the continuation of the Trident mineralisation at depth were completed. Results have been received for the first of these holes Hole VTRRCD0061. Three zones of gold mineralisation were intercepted in this hole -7m @ 1.5 g/t Au including 3m @ 2.4 g/t from 268m, 1m @ 2.6 g/t Au from 309m and 2m @ 2.4 g/t from 330m.
The continuation of mineralisation at depth in this area is highly encouraging for the identification of further high grade zones to significantly extend the Trident resources, and also the potential mine life for any future mining of the Trident deposit.
Results are pending for a further 4 holes at Trident Deep and 5 holes at Trident Extension. These holes are extending the dip and strike of the mineralisation outside of the previous resource.
Mr McInnes said Vango remains on track to deliver a substantial resource upgrade at the Marymia Project in the first half of this year.
