A Glimpse at Anglo Australian Resources NL’s Projects

An ASX-listed exploration company with key interests in Gold and Base metals, Anglo Australian Resources NL (ASX: AAR) is a renowned player in Western Australia and is based in Perth.

AAR Projects (Source: AAR’s Website)

In today’s article, we would elucidate about the company’s wholly-owned projects, which consist of:

  • Feysville Gold
  • Mandilla Gold
  • Carnilya Hill Gold
  • Koongie Park Gold
  • Koongie Park Base Metals

Feysville Gold Project:

Situated at the country’s premier gold belt, the Feysville Project lies 14 km south of the Golden Mile deposit at Kalgoorlie. The belt stretches for approximately 100 km along an NNW strike. It takes in key gold deposits at New Celebration, which is approximately 10 km south of Feysville, and St Ives field, 30 km to 60 km to the south.

The Prospects of the Project include:

  • Think Big
  • Saintly
  • Rogan Josh
  • Saintly South
  • Kamperman
  • Ethereal
  • Dalray
  • Hyperno

Mandilla Gold Project:

Recently, excellent results have been received to date from RC drilling at Mandilla East, aimed at confirming the presence of a broad, potentially bulk-mineable mineralised domain associated with an extensional quartz vein array in syenite.

To know more about this result, READ HERE.

Carnilya Hill Gold Project:

The Hang Glider Hill prospect comprises a surface gold geochemical anomaly where several gold nuggets had been recovered.

 Koongie Park Gold Project:

The company holds a portfolio of tenements prospective for gold nearly twenty-kilometer to the SW of Halls Creek in the Eastern Kimberley area.

Koongie Park Base Metals Project:

Stock Price Information:

On 11th October 2019, AEST: 2:33 PM, the AAR stock was trading at $0.100, with a market cap of $39.19 million and approximately 370 million shares outstanding. The past three and six-months returns have been 75.00% and 22.09%, respectively and the stock has generated a YTD return of 19.32%.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is sponsored but NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. We are neither licensed nor qualified to provide investment advice through this platform.

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