Vango Mining delivers bonanza-grade gold intersections including 1m at 691 g/t at Marymia

Vango Mining Ltd (ASX: VAN) has announced outstanding drill results from its Marymia Gold Project in WA.

The company reported exceptional, high-grade gold intersections from PHB-1 Prospect at the Marymia Gold Project.

Significant hits include 7m @ 103.6 g/t Au from 48m, including 3m @ 240 g/t Au and including 1m @ 691 g/t Au; and 4m @ 11.8 g/t Au from 134m, including 2m @ 20.3 g/t Au.

VAN said that the exceptional intersection (7m @ 103.6 g/t Au) is from a newly discovered Eastern Lode that is open in all directions, including down-plunge to the northeast; while the other high-grade intersection was produced from the targeted Main Lode structure (4m @ 11.8 g/t Au), supporting a new, shallow plunge interpretation of the Main Lode in this area.

The company said that further results are pending from this key new area which offers high-grade resource potential to be incorporated into the planned resource upgrade for the Marymia Gold Project. Vango announced that follow-up drilling is currently being planned.

Marymia project

Vango Mining’s 100%‐owned Marymia Gold Project is located 300km northeast of Meekatharra in the Mid‐West region of Western Australia.

The 360+ square kilometre project’s most advanced prospect is Trident which hosts a high-grade 410,000-ounce gold deposit grading 8.0 g/t. The project also has a number of other prospects it is exploring including Marwest, Mareast, K2, K1, Triple P, and Cinnamon.

The PHB-1 prospect is located northeast of the previously mined K2 open-pit.

Drilling at PHB-1

The company had commenced drilling at PHB-1 area of Marymia project, 300km northeast of Meekatharra in the Mid-West region of WA.

The drillhole VK2RC0007 targeted extensions of the Main Lode structure based on a new, shallow plunge, interpretation of the gold mineralised zones.

Bonanza-grade intercepts at PHB-1

The company announced that drill hole VK2RC0007 reported excellent assays from both Eastern Lode as well as Main Lode.

Eastern Lode intersection

VAN reported assays of 7m @ 103.6 g/t Au from 48m, including 3m @ 240 g/t Au from the Eastern Lode.

The company said that the relatively shallow Eastern Lode intersection may represent a new discovery that is open to the northeast, southeast and at depth. VAN reported that further drilling is being planned to define the potential extent of this high-grade lode structure.

Main Lode intersection

The company reported intercepts of 4m @ 11.8 g/t Au from 134m, including 2m @ 20.3 g/t Au from the Main Lode.

VAN reported that the Main Lode intersection may represent the down plunge extension of the mineralisation that was the main focus of the previously mined K2 open pit.

West Lode intersections

The company announced that significant intersections were also produced from the West Lode structure, including 5m @ 5.31 g/t Au from 176m, including 2m @ 7.18 g/t Au in VK2RCD0004.

This intersection is at the base of a reverse circulation (RC) pre-collar hole with diamond core results from the remainder of the drillhole to come

Encouraging results from VK2RCD0008

Vango announced that encouraging gold results were also received from two broad, recrystallised sulphide (mostly pyrite with pyrrhotite) zones intersected by RC/diamond drillhole VK2RCD0008, associated with the West Lode (195m to 264m down hole) and Central Lode (320m to 346m downhole).

Highlights include 7m @ 1.32 g/t Au from 241m, including 2m @ 3.11 g/t Au, 3.5m @ 2.30 g/t Au from 254m, including 0.5m @ 6.03 g/t Au, both from West Lode, and  8.5m @ 1.85 g/t Au from 320.5m including 3m @ 2.82 g/t Au from Central Lode.

It may be noted that the previous intersections on both West Lode and Central Lode are located to the north and at shallower depths, though these zones are sparcely tested and open to the southwest and at depth.

Drill results highlight potential of PHB-1

Vango said that follow-up drilling is required to define the resource potential, however, it is already evident that PHB-1 represents a potentially significant new open pit resource opportunity with potential for high-grade underground extensions.

What’s next?

The company reported that further drilling to be planned to test the continuity of the Eastern, Main and West lodes, both at depth and along the grid North-South strike.

VAN said that further drilling results are expected shortly, and will be reported in due course with proposals for new drilling to define new open pit and underground resource targets, particularly in the PHB-1 area.

The company said that the latest intersections will be incorporated into new interpretations of key lode structures in this area, prior to incorporation into the planned Marymia Gold Project resource upgrade.

Written By Jonathan Norris
Jonathan is a founder of and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.