| Announcement Date: | 2022-01-18 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | JORC |
| Company name: | Monger Gold Ltd. |
| Project name: | Mt Monger South |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Rock chip sampling results incl. 89.79g/t Au |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Monger Gold Limited (ASX: MMG, ‘Monger’ or ‘the Company’) is pleased to provide assay results from a geological mapping and sampling program completed across the entire 13 (thirteen) tenements of the Mt Monger South Project (MMSP). The geological mapping program was completed by New Finds Minerals Exploration Pty Limited in December 2021 and work continues with delivery of a final report imminent. Fire Assay 50g AAS gold assay results have been received and are listed in table 1. The highest-grade sample assay was discovered in the eastern sector of the Three Emus Prospect at 89.79g/t gold from an in-situ limonitic quartz vein hosted within ultramafic host rock near a tonalite intrusive contact with surrounding volcanogenic sediments. The second highest sample assay of 9.65g/t gold was found from an in-situ quartz vein hosted in oxidised felsic volcanic rock in a small old workings shaft located 360m northwest of the Three Emus Prospect. |
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