Anglo Australian Resources: Extends Mandilla East gold discovery at depth

August 11, 2020

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Anglo Australian Resources: Extends Mandilla East gold discovery at depth

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Anglo Australian Resources diamond drilling program has extended visible gold at Mandilla East to a depth of -50mRL
The company received results for the first four holes of its 3600 metre drilling program
Drilling intersected grades of up to 15.71 and 7.02 grams per tonne of gold
The program almost completed with assays pending for another nine holes
Holes MDRCD191 and MDRCD229 also aimed at testing the southern plunge of the Mandilla East mineralisation
Company shares have dropped 5.13 per cent and are trading for 18.5 cents each at market close