Vector Resources Limited : High Grade Gold Intercepts Continue at Gwendolyn
08/17/2012| 10:49pm US/Eastern
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17 August 2012
High Grade Gold Intercepts Continue at Gwendolyn
Key Highlights
¾ High grade gold results continue from extensional and
unclassified infill drilling;
¾ Significant intercepts include:
• 4 m @ 19.79 g/t from 132 m;
• 3 m @ 14.45 g/t from 29 m;
• 2 m @ 12.35 g/t from 92 m;
• 2m @ 9.19 g/t from 95 m;
• 2 m @ 5.60 g/t from 9 m;
• 3 m @ 3.54 g/t from 102 m;
• 5 m @ 3.38 g/t from 19 m; and
• 8 m @ 3.23 g/t from 51 m.
¾ Targeted deep holes have potentially intercepted the
top of the high grade conduit zone;
¾ Current drilling is targeting the conduit area to
determine extension and to identify primary gold feeder zone;
and
¾ Assay results for 82 RC holes currently
pending.
Vector Resources Ltd (ASX: VEC) ("Vector" or "the Company")
is pleased to announce that it has received further assay
results from the priority drilling of the Phase 3 reverse
circulation (RC) program and initial deep holes from Phase 4
targeting the potential mineralisation conduit at the
Company's Gwendolyn East Project in Western Australia.
The single metre and four metre composites received are a
combination of extensional and infill drilling. These results
identify that the mineralisation envelope continues to
expand.
Plan View of collar locations of holes with significant gold
intercepts greater than 0.8 g/t Au
17 August 2012
The exploration team have been testing areas to the south
east of the historic open pit and to the south west of the
known mineralisation envelope at depth while completing the
infill drill pattern within the mineralisation envelope.
The company as part of the Phase 4 program have been
targeting the western extension at depth with holes planned
to depths of 250 metres. Previous drilling on the south west
limb indicated that the mineralisation envelope was
steepening to possible sub
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