- Anglo Australian Resources (AAR) reports high-grade gold from drilling at the Mandilla gold project in WA
- Drilling targeted the Mandilla East deposit and has returned up to 71.18g/t over one metre to the north and 3.36g/t gold over 10 metres to the southeast
- Anglo finds these results to be encouraging as they sit outside the mineral resource estimate which offers potential to increase it further
- The company is currently undertaking 3700 metres of diamond drilling which is solely focused on the Mandilla East deposit
- Company shares end the day 1.25 per cent higher at 8.1 cents
Anglo Australian Resources (AAR) has received more assays from a recent reverse circulation (RC) drilling program at its Mandilla Gold Project in Western Australia.
The program included 36 RC holes, for 4661 metres of drilling, which targeted the northern and southeast extensions of the Mandilla East deposit.
Best results from the northern extent include eight metres at 10.01 grams of gold per tonne (g/t) from 64 metres including one metre at 71.18g/t gold from 69 metres.
The company found that infill hole particularly significant as it confirmed previously reported high-grade results which included two metres at 44.04g/t gold from 88 metres including one metre at 82.33g/t gold.
Best results from the southeast extension include 17 metres at 1.43g/t gold from 108 metres, 61 metres at 1.14g/t gold from 77 metres and 10 metres at 3.36g/t gold from 59 metres.
Anglo found these results to be encouraging as they sit outside the mineral resource estimate which was released in August and demonstrates the southeastern extension of Mandilla East remains open to the north and south.
Managing Director, Marc Ducler, was pleased with the drilling results.
“Even more exciting are the wide zones of mineralisation that are being encountered as we continue to drill out the southeastern extension to Mandilla East,” he said.
“Holes MDRC466, MDRC472 and MDRC473 all returned thick zones of strong mineralisation and are showing strong continuity, highlighting a considerable opportunity to grow the mineral resource in this area.”
Aside from this RC drilling program, AAR has begun diamond drilling at the Mandilla East deposit. The program includes 3700 metres and the diamond drill core will be gathered for geotechnical and metallurgical testing.
Company shares ended the day 1.25 per cent higher at 8.1 cents.