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1 September 2020

DRILLING AT MARYMIA EXTENDS MINERALISED ZONES AT PHB

Initial results confirm extensions of all three major lode structures – drilling is ongoing and these results from PHB-1 include high-grade intersections from extensions of Main Lode:

• 4.0 metres at 6.56 grams of gold per tonne including 1.0 metre at 12.5 grams of gold per tonne from 87 metres in VHBRC0008.

• 3.0 metres at 4.57 grams of gold per tonne including 1.0 metre at 9.5 grams of gold per tonne from 88 metres in VHBRCD0007.

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Thick, moderate grade intersections highlight deeper West Lode resource potential. Results are from the initial 9 RC holes (including 3 pre-collars) of 18 RC and diamond drill holes at PHB-1 for 4,738 metres – part of a 20,000-metre drilling program at Marymia. Results pending for 9 RC holes and 5 diamond drillholes at PHB-1, including lode intersections down dip/plunge from previous intersection 7 metres at 103.6 grams of gold per tonne in VK2RC00071.

Drilling currently in progress at K1, testing lode system below the previously mined open-pit – potential to link K2/PHB-1 and K1across a contiguous 3km strike length.

tap on the link: ASX Announcement

25 August 2020

Vango Investor Presentation 

tap on the screen below to view the presentation.

If you missed the live webinar featuring Vango Mining Managing Director, Andrew Stocks, (dated 25 August 2020), or in case you would like to watch it again, tap on Andrew's photo to the replay video:

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Location of Marymia Gold Project in the Yilgarn block of Western Australia.

24 September 2020

High-Grade Lode Discovery in PHB Corridor at Marymia

Results potentially link high-grade mineralised corridor over 3km strike length. 

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High-grade, lode discovery at K1 prospect includes the following significant intersections: 

• 6 metres at 8.66 grams of gold per tonne including 2 metres at 23.8 grams of gold per tonne from 128 metres in VK1RC0018 (true width); 

• 4 metres at 3.12 grams of gold per tonne including 1 metre at 9.34 grams of gold per tonne from 90 metres and; 

• 3 metres at 4.49 grams of gold per tonne including 2 metres at 6.73 grams of gold per tonne from 105 metres in VK1RC0020. 

In addition, further significant intersections from the three key lode extensions at PHB-1: 

• 3 metres at 5.93 grams of gold per tonne including 1 metre at 12.36 grams of gold per tonne from 117 metres in VHBRC0022, Central Lode; 

• 6 metres at 3.68 grams of gold per tonne including 1 metre at 11.96 grams of gold per tonne from 232 metres in VHBRC0021, West Lode; 

• 4 metres at 3.83 grams of gold per tonne including 1 metre at 12.61 grams of gold per tonne from 209 metres in VHBRC0019, West Lode; 

• 3 metres at 3.90 grams of gold per tonne including 1 metre at 9.94 grams of gold per tonne from 131 metres in VHBRCD0006, Main Lode.

Results of broad spaced extension drilling indicate potential to link high-grade gold mineralisation from PHB-1 to the K1 prospect over a 3km strike length (Figure 1). Results from the remaining 5 diamond drillholes at PHB-1 and 8 RC holes at K1 pending. Follow-up drilling to be fast-tracked to define high-grade resource extensions and test the larger scale potential of the PHB Corridor. Drilling has now moved to the Trident Corridor, testing extensions to the Mareast and Mars/Marwest high-grade zones, including a potential link to the Trident resource. 

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For more information, tap on the link: ASX Announcement

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Figure 1.

Marymia Gold Project, PHB Corridor with new intersections. 

Figure 2.

K1 Prospect, cross section 18,260 metres north showing high-grade intersections new lobe.