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Market:	ASX
Sector:	General Mining
EPIC:	AAR
Latest Price:	0.01 (0.00%)
52-week High:	0.03
52-week Low:	0.01
Market Cap:	6.38M

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Anglo Australian Resources

Anglo Australian Resources (ASX: AAR) is a focused gold and base metal explorer with a portfolio of advanced and grass roots projects in Western Australia's Eastern Goldfields, Murchison, Kimberly and the Northern Territory.

Anglo Australian Resources commences drilling at Feysville Project

Tuesday, February 16, 2010

Perth-based gold and base metal explorer Anglo Australian Resources (ASX: AAR) has kicked off a reverse circulation drilling program of approximately 1,400m at the Feysville Project, located in the Goldfields region of Western Australia.

The company plans to target bedrock mineralisation beneath the Rogan Josh supergene deposit and extensions to the high grade intersection of 6m @ 9.08g/t Au at the new Dalray prospect.

The Feysville Project consists of all mineral rights attached to two mining leases located 16km SSE of Kalgoorlie. The Project is situated in the geological/structural corridor, bounded by the Boulder Lefroy Fault, that hosts the world class plus million ounce deposits of Mt Charlotte, Fimiston, New Celebration, Victory-Defiance, Junction, Argo and Revenge/Belleisle of St Ives.

The Rogan Josh prospect is an attractive target with significant supergene and bedrock gold mineralisation already located. Previous drilling by Western Mining returned intersections such as 8m @ 3.3g/t Au; 2m @ 8.8g/t Au and 2m @ 4.28g/t Au from a sub-horizontal zone of supergene mineralisation. The zone, as defined by the 1g/t Au limit, is more than 700m long and 2-8m thick.

The mineralisation occurs about 10 - 30m below the surface.

In 2009 Anglo Australian Resources NL completed 2 RC drilling programs primarily to test the supergene-mineralised zone. Encouraging intersections, including 2m @ 5.43g/t Au, 2m @ 14.34g/t Au, 1m @ 12.09g/t Au, 4m @ 5.39g/t Au and 3m @ 3.68g/t Au confirmed the supergene-mineralised zone and extended the zone to the east.

The programs also discovered high-grade bedrock gold mineralisation within carbonate-sericite altered quartz feldspar porphyry with intersections of 4m @ 5.42g/t Au and 6m @ 8.24g/t Au, on the three southernmost sections tested at Rogan Josh as well as discovering new high grade bedrock mineralisation 1.7km to the south of Rogan Josh at Dalray.

The bedrock mineralisation appears to be steeply dipping.

The new drilling program will specifically drill test interpreted strike extensions of the Dalray mineralisation. The Dalray mineralisation is located in sheared porphyry but is located beneath a thin veneer of overlying clays and has no surface expression.

Six holes will be drilled in this area.

At Rogan Josh a further 10 holes are planned to test northern and southern extensions of bedrock mineralisation. Additional supergene and bedrock gold intersections are also expected to improve the resource potential of the project.

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