Mandilla Gold

Anglo Australian Resources – 100% interest

The Mandilla Gold Project is located approximately 70km south of Kalgoorlie and 20km south east of Kambalda.

Anglo Australian’s tenement holdings comprise two mining leases and an exploration lease.

Geology in the project area consists of a sequence of mafic and ultramafic rocks in contact with felsic volcaniclastic and sedimentary rocks of the Mandilla Formation. The sedimentary sequence is intruded by the Emu Rocks Granite (a high level stock of porphyritic monzogranite). The western contact of the granite is faulted by an interpreted southern extension of a splay fault off the Zuleika Shear Zone, which hosts 1 million ounce deposits at Raleigh (Kundana) and Mt Marion (Ghost Crab).

Over the period 2006 to 2007, Anglo Australian achieved production of approximately 23,000 ounces of gold from an open-cut palaeochannel.

At Mandilla East, the company has identified an inferred bed-rock gold resource of approximately 360,000 tonnes at 3.3 g/t Au containing approximately 38,000 ounces of gold.

Along strike and down dip from Mandilla East, a number of gold intersections in rotary air blast (RAB) and aircore (AC) drill holes previously completed by Anglo Australian contain anomalous gold zones, the most notable being 2 metres at 6.21 g/t Au. Three drill target areas south east from Mandilla East Gold resource require further evaluation. All these targets lie on or proximal to parallel North West trending regional structures near or on the contact between felsic volcaniclastic sedimentary rocks and demagnetised granitoid rocks.

At West Mandilla, a target area is defined by a 700 metre long soil anomaly defined by a > 20ppb gold contour. Within the >20 ppb gold contour there are four discrete bullseye soil highs defined by a >50 ppb contour. A traverse of RC holes, drilled across the central part of the soil anomaly, did not target the peak soil values and intersected only low grade gold mineralisation with a best value of 2 metres at 1.45 g/t Au from 63 metres depth downhole. The zone, open to the northwest and southeast, lies within the northwest-southeast striking regional fault corridor.

For the latest information on the Mandilla Gold Project, refer to the Investors page on this website.