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Vango Mining Ltd

Vango Mining defines high-grade gold resource at Trident deposit in WA

The JORC resource represents a milestone in Vango’s strategy to become a significant gold producer.

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Marymia is 300 kilometres northeast of Meekatharra

Vango Mining Ltd (ASX:VAN) has defined a new high-grade mineral resource for the Trident gold deposit within its wholly-owned Marymia Gold Project in Western Australia.

The JORC 2012 resource amounts to 1.6 million tonnes at 8 g/t gold for 410,000 ounces, with an indicated category comprising 945,000 tonnes at 9.4 g/t and an inferred comprising 645,000 tonnes at 6 g/t containing 285,000 ounces and 125,000 ounces of gold, respectively.

READ: Vango Mining strikes bonanza gold grades in Trident drilling at Marymia

Resource estimation was undertaken after the completion of 60 predominantly diamond drill holes which extended and upgraded the high-grade indicated resources at the core of the Trident deposit.

This high-grade core will underpin underground mine planning for the proposed first stage of operation at Marymia, with Vango fast-tracking a submission to the WA Department of Mines to facilitate the start of mining.

READ: Vango Mining secures $10 million funding to advance Marymia Gold Project

Trident has only been drill tested over a 1-kilometre strike length, representing just 20% of the currently identified 5 kilometres of strike along the Trident-Marwest-Mareast gold corridor.

This corridor is part of more than 40 kilometres of strike with mineralised ultramafic and mafic rocks, the equivalent of the geology that hosts the Plutonic Gold Mine immediately the south of Marymia, which has produced more than 5 million ounces of gold.

Ongoing drilling is currently testing targets along the gold corridor, with the aim of adding high-grade resources to the company’s gold portfolio.

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