Vango Mining (ASX:VAN) - Executive Chairman, Bruce McInnes
Executive Chairman, Bruce McInnes
Source: Vango Mining
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  • Vango Mining (VAN) receives further results from its flagship Marymia Gold Project in the mid-west region of Western Australia
  • Results come from the first four of the five holes drilled at the Pigeon open-pit target, which were drilled to add resources to the existing Marymia resource base
  • All four holes intersected significant gold mineralisation with grades peaking at 7.9 grams of gold per tonne
  • Vango now plans to undertake a second phase of follow-up drilling to test for further extensions of the gold mineralisation
  • Shares in Vango are steady on the market and are trading at 5.9 cents

Vango Mining (VAN) has received further results from its flagship Marymia Gold Project in the midwest region of Western Australia.

The 325.08 square kilometre project consists of 45 granted mining leases and has a high-grade resource of one million ounces at three grams of gold per tonne (g/t).

Results come from the first four of the five holes drilled at the Pigeon open-pit target which were drilled to add resources to the existing Marymia resource base and deliver critical mass to the resource base.

All four holes intersected significant gold mineralisation with a best result of nine metres at 3g/t gold from 111 metres including three metres at 7.9g/t gold from 114 metres.

Other results include two metres at 2.2g/t gold from 115 metres, four metres at 1.1g/t gold from 134 metres, and two metres at 1g/t gold from 157 metres.

These results show the continuity of a strong gold zone that follows an interpreted mineralised structure.

Vango now plans to undertake a second phase of follow-up drilling to test for further extensions of the gold mineralisation.

Shares in Vango were steady on the market and were trading at 5.9 cents at 2:24 pm AEDT.

VAN by the numbers
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