Vango Mining (ASX:VAN) - Executive Chairman, Bruce McInnes
Executive Chairman, Bruce McInnes
Source: Vango Mining
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  • Vango Mining (VAN) to begin its next phase of drilling at its flagship Marymia gold project in Western Australia next month
  • The company’s aim is to expand its high-grade resource base with an update planned to be released by the end of the June quarter
  • This upcoming program will focus on the Triple P, Mareast, Apex and Salmon areas to test for strike and depth extensions of existing gold mineralisation
  • A total of 25 RC holes will be drilled with results to be progressively released as they become available
  • Vango is steady on the market with shares trading at five cents at 1:14 pm AEST

Vango Mining (VAN) is set to begin its next phase of drilling at its flagship Marymia gold project in Western Australia next month.

The company’s focus is on exploring and developing Marymia into a significant gold mining and production operation.

Its aim is to expand Marymia’s high-grade resource base with an update planned to be released by the end of the June quarter.

This upcoming program will focus on the Triple P, Mareast, Apex and Salmon areas to test for strike and depth extensions of existing gold mineralisation.

A total of 25 reverse circulation (RC) holes, for 5140 metres, will be drilled with results to be progressively released as they become available.

Triple P

At the Triple P target, Vango plans to test for extensions to the gold mineralisation roughly 150 metres down dip and 400 metres along strike from the existing resource.

Around seven RC holes will be drilled at the B Zone while two RC holes will be drilled at the Main Zone.

Subject to results, further drilling will be undertaken.

Mareast

Drilling at Mareast will target a potential new mafic/ultramafic zone that lies parallel to the Trident-Marwest-Mareast mineralised zone.

Eight holes, for 800 metres, have been planned in an area where previous drilling identified gold anomalies.

Apex

At Apex, Vango will follow up from previous narrow gold intersections with four deep holes planned for 640 metres of drilling.

Salmon

Two holes, for 700 metres, will be drilled at Salmon to test the extension of the mineralisation while an additional two will be drilled to the north of this drilling.

Mineralisation at Salmon runs also the limb of a syncline with previous drilling intersecting gold mineralisation.

Vango was steady on the market with shares trading at five cents at 1:14 pm AEST.

VAN by the numbers
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