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Staff Writer

Anglo Australian Resources NL’s (ASX: AAR) confidence that it has made a “substantial” gold discovery Mandilla Gold Project near Kalgoorlie has been boosted with the receipt of further outstanding assay results.

Significant assays from 16 Reverse Circulation (RC) drill holes completed prior to Christmas include:

  • 45m @ 2.33g/t Au from 82m and 14m @ 1.85g/t Au from 42m;
  • 21m @ 4.53g/t Au from 89m and 1m @ 48.13g/t Au from 192m;
  • 42m @ 1.85g/t Au from 45m and 5m @ 1.79g/t Au from 97m;
  • 41m @ 1.36g/t Au from 59m;
  • 21m @ 2.39g/t Au from 85m and 18m @ 0.76g/t Au from 60m;
  • 15m @ 3.47g/t Au from 54m, 14m @ 1.45g/t Au from 81m and 5m @ 2.95g/t Au from 14m; and
  • 14m @ 3.18g/t Au from 31m.

Anglo Australian Managing Director Marc Ducler said the most recent RC drilling campaign was focused at or proximal to Mandilla East.

These exciting new results provide further support for our belief that we have a substantial gold discovery on our hands at Mandilla, right on Kalgoorlie’s doorstep,” Mr Ducler said.

“The in-fill drilling completed recently at Mandilla East has consistently intersected thick, high-grade zones from close to surface.

“The drilling continues to validate what appears to be a significant, large-scale gold system and our team is excited by the prospect of continuing diamond and RC drilling to prove how big Mandilla East can be.

“With our ongoing geological interpretation and the imminent recommencement of diamond and RC drilling, we are confident we will be able to further improve our understanding of the mineralised system at Mandilla and our future drill targeting.

“Additionally, we would like to develop a better understanding of how the cross-cutting structures and the de- magnetised syenite influence the gold mineralisation.

“This knowledge will not only assist Anglo Australian to drill out Mandilla East but will also be applied to targeting within the large (4km long) mineralised trend which includes Mandilla West, the Mandilla East northern extension and Mandilla South.”

The Mandilla East drilling was designed to in-fill the core of the historic resource area to a nominal 40m x 40m pattern and the test the zone along strike to the north.

Mr Ducler said An active exploration drilling programme comprising RC and diamond drilling is planned for the first quarter of 2020.

The diamond tail holes are designed to extend the East Zone mineralisation to a depth of 200m, two holes remain outstanding from this programme.

Planned RC drilling will test the key gold anomalies defined during the October 2019 shallow RC programme. These include the northern extension of Mandilla East zone over a strike length of some 400m, the new 800m long southern extension of the Mandilla West zone on initial 160m spaced sections, and moderate gold anomalism in de-magnetised syenite identified to the south-east of Mandilla East zone. Further work to fully define the Mandilla East zone mineralisation on 40m x 40m spacing will also be undertaken.

In total, 27 RC and two diamond tail holes remain to be drilled from the programme commenced in late 2019.

Further drilling is expected following the completion of the current programme, with the objective of substantially increasing the resource base at Mandilla East and delineating additional resources within the project. Database compilation and validation is also ongoing.

anglo.com.au

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