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VAN 20.0¢

VANGO MINING LIMITED

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FURTHER VERY HIGH‐GRADE GOLD INTERSECTIONS FROM TRIDENT GOLD DEPOSIT AT PLUTONIC DOME

ASX Announcement 28 May 2018

HIGHLIGHTS 

  • Further very high‐grade gold intersections from the Trident gold deposit, including:

‐ 7m @ 18.2 g/t Au from 218m incl. 2.02m @ 44.0g/t Au in hole VTRRCD0013 

‐ 3.76m @ 12.8 g/t Au from 222.24m incl. 1m @ 40.5 g/t Au in hole VTRRCD0015 

‐ 11.48m @ 11.5 g/t Au from 159m incl. 4m @ 26.1 g/t Au in hole VTRRCD0016

  • Very‐high grade results further confirm & extend the high‐grade core of the Trident gold deposit 
  • Additional results to come before a re‐interpretation and Trident resource upgrade is planned

Gold exploration and development company Vango Mining Limited (ASX: VAN) announces further, very high‐grade, gold intersections from its recently completed resource drilling programme at the Trident gold deposit, on the 100%‐owned Plutonic Dome Gold Project (“Plutonic Dome”) in the Mid‐ West region of Western Australia (See Figure 1 for Plutonic Dome Gold Project location and geology).  

The results have been received from a further four diamond drill‐holes (VTRRCD0013 – 16) at the Trident gold deposit (see Figure 2 for the location of the drilling now completed at Trident) and include significant and very high‐grade gold intersectionsfrom three of the four diamond drill‐holes asfollows:

  • 7m @ 18.2 g/t Au from 218m including 2.02m @ 44.0g/t Au from 220.98m in VTRRCD0013 
  • 2m @ 4.1 g/t Au from 228m in VTRRCD0014 
  • 3.76m @ 12.8 g/t Au from 222.24m including 1m @ 40.5 g/t Au from 224m in VTRRCD0015 
  • 11.48m @ 11.5 g/t Au from 159m including 4m @ 26.1 g/t from 166m, including 0.4m @ 120.5 g/t Au from 167m in VTRRCD0016  

These results are in addition to results reported to the ASX on 16 May and 24 April that included: 

  • 6m @ 15.37 g/t Au from 198m including 4m @ 22.5 g/t Au in VTRRCD0007, and, 
  • Three intersections within a 71m thick mineralised zone in VTRRCD0008:   

‐ 10m @ 3.7 g/t Au from 132m including 1m @ 21.9 g/t Au and 2m @ 5.2 g/t Au 

‐ 3m @ 15.3 g/t Au from 161m including 1.05m @ 40.3 g/t Au 

‐ 7.1m @ 5.2 g/t Au from 195.9m including 2.1m @ 12.4 g/t Au and 2m @ 4.6 g/t Au

These latest results further define and extend the very high‐grade “core” zone of gold mineralisation at Trident, that occurs where the mineralised zone “flexes” and steepens in dip (see cross sections 19,580mE, 19,540mE and 195,00mE, Figures 4, 5 and 6 respectively).  

In addition, the high‐grade gold core‐zone has been extended down‐dip on all three crosssections (see VTRRCD0013, VTRRCD0014 and VTRRCD0015 on Figures 4, 5 and 6 respectively), enhancing the potential size and scale of the high‐grade gold mineralisation at Trident.  

These latest drilling results, and further results to come, will be interpreted and incorporated into a new high‐grade gold resource upgrade for the Trident gold deposit.  Mine planning will then be carried out to add Trident to a new, stand‐alone, mining and processing feasibility study plan.  

A summary of significant results returned during the current drilling at Trident is provided in Table 1, and results are pending for a further three drill‐holesfrom Trident and will be reported when available.  

Click here to view the full announcement 

Trident Drilling Programme commenced in March 2018

and will be due for completion by June 2018.

Click here for full details

28 May 2018 - Very high-grade gold intersections from Vango Mining's gold intersections

Click here to view the ASX announcement


Vango Mining Limited proposes to commence mining at K2.

To allow mining of the deposit, dewatering of the K2 pit and underground mine - which holds

approximately 267,000 kL of water - will commence in 2018.  

Click here for full details

Early September 2016, work and repairs on the Marymia Mines Road and the

northern section of the Plutonic Dome Haul Road were completed.

Click here for full details

Vango Mining Ltd is currently refocusing on a core project in developing a large

proven bauxite deposit in southern Laos.

Click here for full details


VAN- Header.PNG

We are an ASX-listed gold explorer transitioning to producer. Currently based in Sydney, Vango Mining Limited has 100% ownership of the Plutonic Dome Gold Project with significant high-grade gold resources in Western Australia. The company's primary focus is currently on the exploration and development at Trident.


All assays from the key zones at Trident have now been received!

https://www.vangomining.com/

 Enquiries: [email protected]

Office: 61 2 8278 9942

BRUCE MCINNES

Executive Chairman

Bachelor of Commerce (Accounting) – University of New South Wales

Experienced and successful executive, whose business interests encompass the mining, finance, accounting and agricultural sectors.

Mr McInnes was instrumental in acquiring 100% of the Plutonic Dome Gold Project, building the executive and consulting team and overseeing the growth of the company from an undiluted enterprise value of $1.3m to a current capitalisation in the order of $95.09m.

Email: [email protected]


SEAN ZHOU

Managing Director

Bachelor of Commerce (Accounting) – University of Sydney

Masters in Project Management – University of Sydney

Mr Zhou’s insights are invaluable to the Company as it moves towards production.

He has expertise in the perplexing subjects in funds management, project management, and investment banking with a particular focus on infrastructure investment in Asia Pacific Region.

Email: [email protected]


CAROL ZHANG

Non-Executive Director

PhD in Management, Science and Engineering – Tianjin University, China

An Associate Professor of science and technology who lectures in logistic management, Dr Zhang brings to Vango Mining a broad range of experience in management and logistics.

She is of great benefit to the Board as the Company moves towards being a major gold producer.

Email: [email protected]


PETER HEPBURN-BROWN

Project Manager

Bachelor of Applied Science (BASc) Mining and Mineral Engineering - Western Australia School of Mines

Graduate Diploma (Human Resources Management) - Monash University

Highly experienced mining engineer with more than 35 years in the mining industry, in operational and executive roles.

Specific expertise in the gold sector, and was previously Managing Director of Philippines-focused gold miner Medusa Mining, and Managing Director of gold exploration company Alloy Resources.  Mr Hepburn-Brown has also senior operations management roles with gold mining companies such as Harmony Gold Australia, Siberia Mining Corporation and Great Central Mines.

Email: [email protected]


JON DUGDALE FAusIMM

Chief Consulting Geologist

B.Sc Hons H1, Geology, First Class Honours - University of Melbourne

Fellow of the Australian Institute of Mining and Metallurgy

A geologist with more than 30 years' background and a strong track record of exploration discovery during his 20-year hands-on roles with WMC Resources and MPI Mines.

Mr Dugdale was instrumental in the >1 million ounce Golden Gift discovery at Stawell in Western Victoria, for which he jointly received the Joe Harms Medal for "distinguished excellence in mineral exploration and contribution to the discovery of ore deposits". Vango Mining's Chief Consulting Geologist also has 10 years corporate sector experience as a resourcesanalyst and investment manager with ASX-listed Lion Selection Group and as Managing Director of ASX-listed resources company's Mindoro Resources Ltd and Red Mountain Mining Ltd.  Mr Dugdale is currently Managing Director of ASX-listed Peninsula Mines Ltd.

Email: [email protected]


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