Angold Samples up to 11.85 g/t Gold at Dorado, Chile

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[{"type":"text","content":"Angold Samples up to 11.85 g/t Gold at Dorado, ChileVancouver, British Columbia--(Newsfile Corp. - January 13, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L1) (OTCQB: AAUGF) (\"Angold\" or the \"Company\") is pleased to announce that it has sampled numerous targets at its Dorado Project in the Maricunga Belt of Chile (Figures 1 and 2).Key Highlights:Classic Maricunga Style Mineralization: Samples of up to 11.85 g/t gold at surface have been sampled from banded quartz porphyry-type vein outcrops which indicate the existence of near-surface Au-rich porphyry intrusion and expand the surrounding ~6 km2 epithermal gold environment.Undrilled New Targets Near Surface: Five early-stage targets identified to date with both mineralization styles, epithermal and gold-rich porphyry. Soil sampling returned strong gold anomalies and pathfinder elements. New Opportunity for Discovery: None of the five new target areas have been recognized, sampled or drilled in the past and present compelling new prospects for on-going discovery. Multiple Overlapping Vectors: Strong evidence of the upper levels of a telescoped porphyry-epithermal system with a preserved lithocap at Lajitas South. Field work has identified the presence of combined features, including a circular magnetic anomaly that is both coincident with and surrounded by anomalous Au and Cu, zones of intense hydrothermal alteration. Angold's CEO, Mr. Adrian Rothwell, stated: \"These results confirm, again, the pervasive nature of mineralization at Dorado and the potential to expand the resource beyond Lajitas and Lajitas South targets. We will provide a recap shortly of the excellent 2021 results on the project.\"New undrilled zones are thought to be the continuation of existing mineralized trends in the Maricunga Belt. Gold distribution has an NW-SE orientation, coincident with lineaments, regional alteration trends, and existing mineralized deposits (Figure 2). These new targets supplement the discovery made by Angold's team at Lajitas South. Refer to our news release on April 27, 2021, outlining the Company's discovery at Lajitas South.Figure 1: Project location showing established infrastructure and location of the leading third-party projects in Atacama. Exploration WorkIn 2021, Angold completed an extensive and systematic rock chip and talus fines (soils) survey. Other specific s...

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