Very high-grade gold intersections below Triple-P and Zone B pits, including:
Further drilling planned to extend these exciting new gold discoveries. Triple-P high-grade gold in Mine-Mafic may be the tip of the iceberg in terms of potential at depth!
These exceptional gold intersections at relatively shallow depth are a strong indicator of the open-pit potential at Albatross-Flamingo and will be assessed in Vango’s ongoing mine planning. The bonanza gold grades form part of the greater “Vulcan” target that continues from Triple-P to the Exocet pit and represents a >3km strike length that is largely untested at depth.
The ability to mine via open-pit has the potential to deliver substantial cost savings relative to an underground operation in any potential future gold mining operation at Albatross-Flamingo.
Results from the remaining 10 holes recently completed at Albatross-Flamingo are pending and will be reported in due course.
Albatross-Flamingo and Triple-P, Zone B drillhole locations on geology with VAFRC0001 intersections.
(VAN:ASX release 5 August 2019)
Previous drilling, geophysics models highlight Plutonic repeat potential at Vulcan:
Plan showing Triple-P to Albatross and Flamingo to Exocet Corridor (VAN:ASX release 5 August 2019).
Schematic prepared by Jon Dugdale, July 2019, from interpretation of previous drilling, surface geology and gravity and magnetic inversions.