Anglo Australian Resources NL announced that the first round of aircore drilling at its Feysville Gold Project has been completed with significant gold assay results received. 70 holes (FVA001 ­ 070) were drilled for a total of 1,764 metres, with an average hole depth of 25.2 metres. All holes were drilled at -60° towards 230°, perpendicular to the regional strike of the geology. All holes were drilled to blade refusal; however, on occasions, the AC hammer was used to penetrate quartz veining. The program was based on interpretations of the detailed ground magnetic data collected in 2016. A major structural corridor ­ the Ethereal Shear Zone ­ was identified. Little previous drilling had been undertaken over this key structural feature which hosts multiple targets. In respect of the Ethereal Shear Zone, drill traverses were completed at 400 metre intervals with holes spaced mainly at 50 metres along the lines. The broad drill spacing was aimed at defining gold-in-regolith anomalism to confirm the potential of the structure to host significant bedrock gold mineralization. The Feysville Project is located in Australia's premier gold belt, just 14 km south of the giant Golden Mile deposit (70 MOz) at Kalgoorlie. The belt extends for some 100 km along a NNW strike, and takes in major gold deposits at New Celebration (3 MOz), some 10 km south of Feysville, and the large St Ives field (+15 MOz) 30 to 60 km to the south. Numerous other economic gold deposits have also been discovered within the belt. Gold deposits along strike are contained within a major structural corridor centred on the Boulder-Lefroy fault, which controls regional uplift and folding of a lower sequence of mafic-ultramafic rocks surrounded by an upper sequence of volcano-sediments. Feysville also contains the lower mafic/ultramafic sequence of rocks in the core project area, the closest on-strike location to south of the Super Pit to do so, with the Boulder-Lefroy fault interpreted to pass along the western flank of the Project. Anglo Australian's Feysville Project encompasses some 12 km of strike, a substantial holding. The project is considered prospective for typical high-grade shear-hosted gold lode styles, and for bulk-tonnage intrusion-hosted gold systems.