Vango Mining to drill three diamond holes into key gold targets at Neds Creek JV in WA

Vango Mining Ltd (ASX:VAN) will drill three diamond holes into key high-grade targets in the Contessa Corridor at Neds Creek Joint Venture Project where the company is earning a 51% interest from Lodestar Minerals Ltd (ASX:LSR).

Neds Creek is southeast of the companys 100%-owned Marymia Gold Project, 300 kilometres northeast of Meekatharra in the Mid-West region of Western Australia.

The initial two diamond drill holes will test immediately down plunge to the northeast of previous high-grade intersections at Contessa:

  • 4 metres at 78 g/t gold from 140 metres in LNR026; and
  • 5.1 metres at 28.1 g/t from 143 metres in diamond drill hole LND0032.

This diamond drilling program is set to begin this month upon completion of a diamond drilling program in progress at the Marymia project.

Subject to results, stage-2 resource definition drilling will be planned for the highly prospective Contessa Corridor.

Third diamond hole planned [hhmc]

In addition, examination of previous diamond drilling at Gidgee Flat prospect indicates that mineralisation is associated with intense pyritisation of mafic rocks, in contact with syenite veins with haematite.

A third diamond hole will test the projection of the Gidgee Flat mineralisation northeast under Proterozoic cover associated with a key flexure in the mineralised syenite contact

Syenite outcrops to the north of Gidgee Flat and a mineralised east-west trending fauRead More – Source




Related Articles

Back to top button