Drilling comprised 19 RC holes for a total 5,166 metres, with the 14 holes at Trident Extension returning best results of:
- 7 metres at 8.7 g/t gold from 110 metres including 2 metres at 27.6 g/t from 110 metres and 1-metre at 17.4 g/t from 114 metres;
- 4 metres at 6.3 g/t from 129 metres including 1-metre at 21.4 g/t from 131 metres; and
- 4 metres at 3.9 g/t from 161 metres.
Three diamond holes from Trident Deeps returned:
- 11.69 metres at 3.9 g/t from 321.31 metres including 1-metre at 25.27 g/t from 324 metres; and
- 5.4 metres at 1.7 g/t from 308 metres.
“Added to size potential”
Several other mineralised intercepts were also received and indicate that high-grade zones at Trident extend at least 200 metres down dip as well as extending the strike from the current resource.
Vango executive chairman Bruce McInnes said: “These significant intersections extend the strike and dip of the Trident mineralisation, and in particular have closed the gap between the north‐eastern zone of the Trident deposit and the southwest of the Marwest target.
“The results have added significantly to the understanding of the mineralisation and the size potential at this deposit.
The company is now evaluating these results to generate targets for further resource extension drilling.
Ned’s Creek drilling
Vango has also received final results from diamond drilling at Contessa and Gidgee Flat targets at the Ned’s Creek farm‐in joint venture project with Lodestar Minerals (ASX: LSR).
The Contessa drilling confirmed that the system continues at depth, with the system plunging to the northeast and mineralisation open to the north.
Notable assay results included:
- 4 metres at 78 g/t from 140 metres; and
- 4 metres at 2.1 g/t from 144 metres including 1-metre at 6.52 g/t from 147 metres.
At Contessa, the results indicate continuity of structurally controlled alteration and gold mineralisation within an extensive gold mineral system vectoring towards the granite contact - a key structural target for syenite‐related mineralisation elsewhere along the Contessa corridor.
At Gidgee Flat, a diamond hole intersected wide anomalous zones with petrological samples planned to be collected.
Plan view of the Trident‐Marwest area showing collar locations of the latest drilling and pierce points of gold intercepts.
Detailed examination of the results from the extensive 2020 campaign is well underway and the company plans to drill open pit targets this coming field season to assist in the upcoming preparation of mining studies.
McInnes said: “Mining studies and examination of processing options are being run in parallel with the resource building program so that the company can rapidly transition to completion of feasibility studies and the potential development of a major high‐grade gold project.”