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Vango Mining (ASX:VAN) - Chairman, Bruce McInnes
Chairman, Bruce McInnes
Source: The Market Herald
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  • Vango Mining (VAN) begins its 2021 drill program at its flagship Marymia Gold Project in Western Australia
  • Four will be on 11 priority open-pit targets that are not part of the current 1.02-million-ounce resource
  • A minimum of 15,000 metres of reverse circulation (RC) drilling will be undertaken with the potential to expand depending on the results
  • Vango will release results to the market as drilling progresses and the company plans to deliver an increased resource to Marymia this year
  • Shares in Vango are steady on the market and trading at 6.4 cents at 1:16 pm AEST

Vango Mining (VAN) has begun its 2021 drill program at its flagship Marymia Gold Project in Western Australia.

It is made up of 45 tenements and has a JORC 2012 resource of 1.02 million ounces at 3 grams of gold per tonne (g/t).

This 2021 field program will focus on drilling 11 priority open-pit targets that are not part of the current resource.

Drilling will also aim to add significant near-surface resources that are compliant to open-pit mining.

A minimum of 15,000 metres of reverse circulation (RC) drilling will be undertaken with the potential to expand depending on the results.

The 11 targets have been ranked in order of priority, based on historical gold inventory and a review of previous drilling.

The Skyhawk, Parrot and Apollo open puts have been ranked as the three highest priority targets with drilling already begin at Skyhawk.

Vango will release results to the market as drilling progresses and the company plans to deliver an increased resource to Marymia this year.

Shares in Vango were steady on the market and trading at 6.4 cents at 1:16 pm AEST.

VAN by the numbers
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