Vulcan

Testing key targets in the Triple-P area

- a potential second major mining centre!

Very high-grade gold intersections below Triple-P and Zone B pits, including:

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• 4 metres at 23.0 grams of gold per tonne including 1 metre at 85.0 grams of gold per tonne in VPPPRC0008 (Triple-P).

• 7 metres at 15.7 grams of gold per tonne including 3 metres at 28.1 grams of gold per tonne in diamond drill hole PMDD002 (Zone B).

• 4 metres at 9.48 grams of gold per tonne including 1 metre at 25.0 grams of gold per tonne in VPPPRC0005 (Triple-P, Zone B).

Further drilling planned to extend these exciting new gold discoveries. Triple-P high-grade gold in Mine-Mafic may be the tip of the iceberg in terms of potential at depth!

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Emerging Corridor:

Triple-P, Albatross, Flamingo to Exocet

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Triple-P / Zone B best hits: 

• 4 metres at 23.0 grams of gold per tonne from 109 metres

(VAN:ASX release 5 August 2109)

• 4 metres at 9.5 grams of gold per tonne from 177 metres

(VAN:ASX release 5 August 2019)

• 7 metres at 15.7 grams of gold per tonne from 144 metres

(VAN:ASX release 5 August 2019)

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Albatross-Flamingo:

6 metres at 14.1 grams of gold per tonne from 80 metres

(VAN:ASX release 5 August 2019)

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Triple-P area (Vulcan) - a Plutonic repeat?

Previous drilling, geophysics models highlight Plutonic repeat potential at Vulcan:

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• Recognition that Triple-P and Zone B hosted by the Plutonic Mine-Mafic, but reverse stratigraphy

• Shallow-plunging high-grade gold shoots hosted by repeats of Mine-Mafic, bounded by steep mineralising fault structures

• Geophysics modelling shows multiple repeats of fault, mineralised Mine-Mafic zones projected >3km west under shallow dipping sediments.

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Albatross-Flamingo-Mars:

• 6 metres at 24.2 grams of gold per tonne from 157 metres

(VAN:ASX release 28 March 2019)

• 3 metres at 22.0 grams of gold per tonne from 129 metres

(VAN:ASX release 28 March 2019)

• 8 metres at 18.0 grams of gold per tonne from 16 metres

(VAN:ASX release 28 March 2019)

• 5 metres at 11.6 grams of gold per tonne from 68 metres

(VAN-ASX release 28 March 2019)

• 9 metres at 12.7 grams of gold per tonne from 54 metres

(VAN:ASX release 19 June 2019)

• 13 metres at 10.0 grams of gold per tonne from 60 metres

(VAN:ASX release 19 June 2019)

• 5 metres at 18.8 grams of gold per tonne from 142 metres

(VAN:ASX release 10 July 2019)

Plan showing Triple-P to Albatross and Flamingo to Exocet Corridor (VAN:ASX release 5 August 2019).

Schematic prepared by Jon Dugdale, July 2019, from interpretation of previous drilling, surface geology and gravity and magnetic inversions.

Triple-P and Zone B cross section 1920 metres north, showing shallow plunging high-grade shoot targets