| Announcement Date: | 2022-02-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Anglo Australian Resources NL |
| Project name: | Mandilla |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 28m @ 1.38g/t Au from 46m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Anglo Australian Resources NL (ASX: AAR) (AAR or the Company) is pleased to advise that it has delineated extensive gold anomalism immediately south of the Eos discovery and to the north of the cornerstone Theia deposit from recent air‐core drilling at its 100%‐owned Mandilla Gold Project (Mandilla or Project), located approximately 70km south of Kalgoorlie, Western Australia (Figure 1). The results highlight the potential for further discoveries and resource extensions at Mandilla, continuing to demonstrate the significant upside across the broader project area. Mandilla, which hosts a JORC 2012 Mineral Resource Estimate (MRE) of 24Mt at 1.0 g/t Au for 784koz1 , is situated on the western margin of a porphyritic granitic intrusion known as the Emu Rocks Granite. The granitic feature intrudes volcanoclastic sedimentary rocks in the Project area which form part of the Spargoville Group, as shown in Figure 2. Significant NW to WNW‐trending structures along the western flank of the project are interpreted from aeromagnetic data to cut through the granitic intrusion and may be important in localising mineralisation at Theia, where a mineralised footprint extending over a strike length of more than 1.5km has previously been identified. |
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