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.

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:

Welcome to Vango Mining Limited

Vango Mining is exploration focused on drilling near-term development and production targets to build the resource base, in parallel with targeting significant high-grade discoveries at depth.

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. 

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. 

For more information, tap on the link: ASX Announcement

 

 

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.

Figure 3.

PHB-1 Prospect, cross section 16,875 metres north showing intersections on Main, Central and West Lodes.

25 August 2020

Vango Investor Presentation 

tap on the screen below to view the presentation.

Screen Shot 2020-08-25 at 11.04.30 am.jp

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:

GENERAL MEETING OF SHAREHOLDERS - 14 August 2020

A great result for Vango Mining Limited as shareholders passed all 4 resolutions at our 13 August General Meeting, enabling Tranche 2 placement and the conversion of existing debt to equity. Recognising that many could not attend in person, we have decided to provide a video of the meeting. Thanks to all new and existing shareholders for your support to our company. 

tap on the screen below to view the video.  

Screen Shot 2020-07-15 at 11.56.47 am.jp

tap on the screen to view.

Vango Mining completes A$17.4M Capital Raising


Proceeds to fund high‐grade resource growth drilling and mining studies

  • Vango receives firm commitments to raise A$15.0 million at A$0.08 per share via a Placement.

  • A$2.4 million of drawn debt facilities to be converted to equity at A$0.08 per share.

  • Proceeds to fund immediate drill programmes targeting high‐grade resource growth and testing large scale targets, as well as advancing mining feasibility studies.

tap on the link: ASX Announcement

NEWS FLASHES!

 

Marymia mineral resources increases to 1 Million Ounces!  

Builds Foundation for a High-Grade Long-Life Gold Production Centre

tap on the link: ASX Announcement 

 

Vango delivers big resource jump at Marymia

By Haydn Black - published on 21 May 2020 - tap on the review

Vango Mining’s (ASX:VAN) Marymia mineral resource surpasses 1M ounces

By Julian Douglas - published in The Market Herald on 21 May 2020 - tap on the review

Vango’s Marymia Gold Project cracks one million ounce mark

By Trevor Hoey - published on 20 May 2020 - tap on the review

Gold retains strength as U.S. economy concerns off set vaccine hopes. ASX small cap gold companies - Vango Mining!

By Bevis Yeo - published on 20 May 2020 - tap on the review

Vango Mining Limited

Suite 3542, Level 35, Tower 1 

 Barangaroo International Towers

100 Barangaroo Avenue

Sydney NSW 2000

AUSTRALIA

Enquiries: +61 2 8114 4553 

E-mail: info@vangomining.com

 

Accounts: +61 2 8046 6972

E-mail: accounts@vangomining.com

© 2016-2020 by Vango Mining Limited. 

  • Facebook