Angold Provides 2021 Recap at Lajitas, Dorado, Chile

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[{"type":"text","content":"Angold Provides 2021 Recap at Lajitas, Dorado, ChileVancouver, British Columbia--(Newsfile Corp. - January 17, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L1) (OTCQB: AAUGF) (\"Angold\" or the \"Company\") is pleased to recap the results of its 2021 program at the Lajitas target and provide guidance on sampling, geophysical results (IP, mag) over the entire Dorado Project.Key Highlights:Drilling: 2021 drilling at Lajitas confirmed >100m step-outs to the north and south and expansion of mineralization at depth. The Company's highlighted hole was 302 m at 0.71 g/t Au from surface.Opportunity: The holes drilled by Angold only reached the upper-most part of the porphyry system. The gold distribution and additional features suggest that the mineralization is open at depth and in other intrusive bodies located at the border of the drilled area.Discovery: With gold at the surface, Lajitas South represents a blue-sky prospect just 1 km from the Lajitas deposit. The Eva, Ruby, Los Patos, Gaby and Magy prospects provide earlier stage opportunities which have never been previously recognized or explored.Significant Size and Scale: Newly identified zone at Lajitas South confirms and substantially increases the scale of the porphyry systems present on the property. Extensive soil and rock sampling confirm geochemistry anomalies in an area approximately 6.5 x 4.5 km. Plan of Operations: With new discoveries, Angold has moved Dorado into the Chilean environmental evaluation system, starting the field studies for a DIA (Declaracion de Impacto Ambiental, in Spanish). This will allow the Company flexibility over future drill campaigns.Angold's CEO, Mr. Adrian Rothwell, stated: \"Combined 2021 results provide multiple vectors on a now well-understood project and geological model. With the pervasive nature of mineralization at Dorado, moving this project to a more advanced permit will be an important asset for the Company, providing flexibility and greater potential to expand known areas of mineralization, as well as to increase the operating footprint in which to make further discoveries.\"The previously highlighted Lajitas South target has been confirmed through analysis of further geophysical results and coincident anomalies from talus fines and rock chip sampling, as well as prospecting undertaken in 2021 (see news releases dated April...

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