Vango mining announces drilling to test new high-grade gold targets

Company News

by Anna Napoli

Vango Mining (ASX:VAN) has announced drilling to test new high-grade gold targets at its Plutonic Dome Gold Project.

The gold exploration and Development Company will now test a series of high-grade gold targets at the Trident and Cinnamon gold deposits.

Meantime, three deeper diamond drillholes are being drilled to test for down-dip repeats of the Trident ramp structure, that hosts the majority of the high grade gold mineralisation intersected to date at the site.

Last week the company agreed terms with sophisticated investors to raise $5.1 million to fund exploration and development at the site.

Shares in Vango Mining (ASX:VAN) are trading 6.25 per cent higher to 17c.