THE DRILL SERGEANT: Apollo Minerals (ASX: AON) has commenced a reverse circulation (RC) drilling program across three high-priority prospect areas at the Titan base-precious metals project in South Australia.
The company indicated the drilling is being carried out as follow-up work to test a number of encouraging results it identified during the 2014 campaign including:
High-grade gold intersected at the Mars Aurora Tank JV project
A confirmed high-strength EM conductor located at Bundi South; and
An IP chargeability high at the Wirrida prospect within the HPX Commonwealth Hill JV project.
“The drilling has begun at Mars Aurora Tank where the focus is to delineate an Archean gold system similar to the one million ounce Challenger gold mine situated approximately 60 kilometres to the west,” Apollo Minerals said in its SX announcement.
Aurora Tank Prospect (AON earning 75%)
Thirty-five angled holes along three north-south lines, spaced 250 metres apart are planned to test an area around Apollo’s previous intersection of 4m at 5g/t gold from 16m depth (hole 14AT003).
The drill lines are located across coincident IP chargeability highs and surface gold anomalies.
Bundi Prospect (AON earning 75%)
At Bundi, Apollo has planned a 150m deep angled hole to test a strong
EM conductor confirmed via a down-hole EM survey utilising nearby drill hole 14BUN003.
The company believes the high strength EM response to be indicative of massive sulphide mineralisation and is situated beneath a broad surface copper anomaly of up to 400ppm copper.
Commonwealth Hill JV project area (AON 100%, HPX earning 80%)
At the Wirrida prospect, JV partner private metals-focused exploration company HPX identified a new priority target requiring drilling.
The proposed 250m deep drill hole is to test a chargeable target located on the edge of the Hiltaba aged (1,590 million years old) Wirrida Intrusive Complex.
The target is considered to represent possible copper-gold in sulphides associated with mineralisation adjacent to the large igneous intrusion.