A Glimpse at Anglo Australian Resources NL’s Projects

2 min read | October 11, 2019 03:02 PM AEDT | By Team Kalkine Media

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A Glimpse at Anglo Australian Resources NL’s Projects

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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: AARâs Website)

In todayâs article, we would elucidate about the companyâs 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 countryâs 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 11^th 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%.

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