Anglo Australian Resources extends Mandilla gold discovery at depth, notes numerous visible gold occurrences

Anglo Australian Resources (ASX: AAR) has extended the Mandilla gold discovery at depth with drilling unearthing broad mineralised intersections, and 34 instances of visible gold within four holes.

A highlight intersection was in hole MDRCD191 at Mandilla East which returned 76.5m at 1.21 grams per tonne gold from 296m.

The hole was initially planned to a 300m depth, but after visible gold was observed in the core, the hole was extended – resulting in the discovery of wide mineralised zones.

Within the 76.5m intercept was 1m at 42.09g/t gold from 321.1m; 7.35m at 1.43g/t gold from 393.7m; and 3.8m at 2.26g/t gold from 410.9m.

Anglo Australian managing director Marc Ducler said the company’s objectives in the current diamond drilling program were to enhance understanding about the structural controls that influence the mineralisation and extend known mineralisation at depth.

“It has been successful on both fronts with broad zones of deeper mineralisation encountered highlighting the growing scale of the discovery,” he added.

Advancing Mandilla

Anglo Australian kicked-off a 3,000m diamond drilling program in June this year, which was extended after visible gold was observed.

To-date 12 holes for 3,300m have now been completed, with Anglo noting the final hole of the current program was underway.

Assays from the first 1,152m have been received with highlights comprising 11.1m at 1.83g/t gold from 261.7m, 13.4m at 7.02g/t gold from 180.4m; and 10.9m at 1.52g/t gold from 196.2m.

Results from the remaining eight holes for 2,180m are pending.

“We are keenly waiting assay results from the remaining holes in the program, with recently completed diamond holes intersecting albite/silica alteration, quartz veining and numerous occurrences of visible gold,” Mr Ducler said.

He added a 10,000m reverse circulation drilling program was scheduled to begin “shortly”.

This program will test extensions to Mandilla East and Mandilla South with Anglo Australian targeting a maiden resource for Mandilla East later this year.

Mandilla is located 70km south of Kalgoorlie in WA and lies on existing mining leases.