Strong recent headline hits extending the mineralisation included 26m at 8.29 grams per tonne from 76m and 21m at 3.7gpt from 35m.

The true width of the mineralisation intercepted in the drilling is unknown at this stage.

A 3000m diamond core program is underway, with 10,000m of RC drilling due to start next month.

Anglo Australian has also generated new targets to be drilled following a magnetic survey.

Over the period 2006 to 2007, Anglo Australian mined circa-23,000 ounces of gold at a recovered grade of about 7.5gpt from two shallow (less than 20m deep) open pits at Mandilla West targeting paleochannel gold deposits.

The recent focus has been targeting fresh rock within the Mandilla Syenite.

Anglo raised about A$5.5 million in March for funding its ongoing exploration, with new shares issued at a price of 10c each.

Anglo's December 2019-appointed managing director Marc Ducler invested $250,000 in the fundraising.

Shares in Anglo were trading Thursday at 13.5c, capitalising the company at $63 million.

The stock has doubled over the past 12 months.