Mandilla Gold

Anglo Australian Resources – 100% interest

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

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.

In 2017, at Mandilla South, along strike and down dip from Mandilla East, the company identified a weathered bedrock target that extends along the NW-SE strike for more than 1.5 km and with a width of typically 100 metres, with gold values exceeding 1 g/t in most of the holes along the trend.

The gold values returned indicate a likely supergene-enriched gold zone at a vertical depth of from 40 to 50 metres.

The strong gold anomalous trend appears to be related to a shear zone close to the margin of the Emu Rocks granite, where it swings into a more favourable NW-orientation around the rigid granite body.

It is noted that, whilst primary bedrock mineralisation was not intersected in the five RC holes previously drilled at Mandilla South, these holes were drilled vertically, and are unlikely to have been an effective test of the steeply-dipping bedrock mineralisation.

Anglo Australian Resources considers Mandilla South to be a high priority target for further exploration.

This is planned for 2018.

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