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. 

Marymia Exceptional Gold Results and Project Update

 

Highlights:

Vango has successfully completed its extensive 20,000 metre drill campaign at Marymia in Q4 2020

Drilling significantly extended the gold mineralised system along strike and at depth at the three major gold corridors at the Marymia Gold Project – Trident (Vango’s crown jewels), PHB & Triple-P 

Vango Mining is finalising plans for its 2021 Field Season:

  • Results from 2020 drilling campaign being added to resource model ahead of major resource upgrade – as well as assisting in ongoing mine planning

  • Next phase of drilling to a number of priority open-pits not part of the current Marymia resource – drilling designed to add significant, near-surface resources

  • Extension drilling to confirm exploration model that Trident-Marwest exists as one large, contiguous high-grade gold system – and add significant resources

Highlight Results from Vango’s drilling campaigns at the Trident Gold Corridor – the Company’s crown-jewels

  • 9 metres at 26.2 grams of gold per tonne from 137 metres including 2 metres at 102.2 grams of gold per tonne from 139 metres in VTRRC00661

  • 7.15 metres at 17.1 grams of gold per tonne from 193.85 metres in hole VTRDD0003 including 3.6 metres at 24.4 grams of gold per tonne

  • 11 metres at 20.0 grams of gold per tonne from 161 metres in hole VTRRCD0001 including 2 metres at 93 grams of gold per tonne 

  • 7 metres at 18.2 grams of gold per tonne from 218 metres including 2.02 metres at 44.0 grams of gold per tonne in hole VTRRCD001314 

  • 11.48 metres at 11.5 grams of gold per tonne from 159 metres including 4 metres at 26.1 grams of gold per tonne in hole VTRRCD001614

  • 11 metres at 36.2 grams of gold per tonne from 213 metres including 2 metres at 184 grams of gold per tonne  in VTRGT005013

  • 9 metres at 15.0 grams of gold per tonne from 28 metres including 3 metres at 39.8 grams of gold per tonne in VMERC001212

  • 10 metres at 22.6 grams of gold per tonne from 50 metres including 6 metres at 33.3 grams of gold per tonne in VMERC00258

For more information, tap on the ASX Announcement

Vango Mining reels in encouraging diamond drilling results from Ned's Creek gold farm-in!

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High Grade Gold Extensions at Trident

18 February 2021

Significant results from final holes from 2020 drilling campaign

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QUARTERLY REPORT FOR THE PERIOD ENDING 31 DECEMBER 2020

Targeted 20,000 metres Resource expansion drilling program at Marymia Gold Project in the Mid- West region of Western Australia completed.

 

Bonanza Gold zone intersected from Trident Extension drilling:

  • 9 metres at 26.2 grams of gold per tonne from137 metres including 2 metres at 102.2 grams of gold per tonne from139 metres in VTRRC0066.

Intersection confirmed and extended previous drilling to the south west and highlights potential for a contiguous mineralised zone from Marwest/Mars deposit to the flagship Trident deposit.

 

Assay results also received from drilling at:

  • Trident Deeps: 7 metres at 1.5 grams of gold per tonne from 268 metres at 3 metres at 2.4 grams of gold per tonne, 1 metres at 2.6 grams of gold per tonne from 309 metres and 2 metres at 2.4 grams of gold per tonne from 330 metres.

 

  • Mars Extension: 3 metres at 2.82 grams of gold per tonne including 1 metre at 6.13 grams of gold per tonne from 176 metres in VMWRC0029.

 

  • Mareast: 10 metres at 3.40 grams of gold per tonne including 4 metres at 4.09 grams of gold per tonne from 94 metres in VMERC0030.

 

  • PHB-1: 18.0 metres at 1.58 grams of gold per tonne at 2.29 grams of gold per tonne including 1 metres at 7.16 grams of gold per tonne and 1 metres at 7.56 grams of gold per tonne from 290 metres in VHBRCD0008.

  • Ned’s Creek: 11 metres at 2.29 grams of gold per tonne including 1 metre at 15.2 grams of gold per tonne from 52 metres in VCTRC0015 and 3 metres at 3.61 grams of gold per tonne including 1 metre at 8.25 grams of gold per tonne from 46 metres in VCTRC0012.

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Vango Mining Strengthens Board 

Vango Mining Limited is pleased to announce the appointment of The Honourable Mr Craig Wallace as an Independent Non‐executive Director effective as part of the Company’s commitment to continue review and refresh of its Board and management. 

Mr Wallace is an accomplished international commercial negotiator and communicator with extensive senior executive and Board experience. He served as the Deputy Chairman of TerraCom Resources (ASX: TER) between 2012 and 2020. 

He was the member for Thuringowa in the Queensland State Parliament from 2004 to 2012. His appointment as a Non-Executive Director continues our focus on adding new skills to the Board, to the best position for Vango Mining to achieve its corporate objectives.

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Tap on the screen to view 2020 Annual Report.

Vango Mining Investor Presentation 

tap on the screen below to view the presentation.

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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

Vango Mining Limited

Aurora Place, Building 1

Level 29

88 Phillip Street

Sydney NSW 2000

AUSTRALIA

Enquiries: +61 2 7208 9611

 

© 2016-2021 by Vango Mining Limited. 

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