Apollo Consolidated Continues Wide Gold Hits at Cleo and Rebecca

THE DRILL SERGEANT: Apollo Consolidated (ASX: AOP) reported on recent drilling activity undertaken at the company’s 100 per cent-owned Lake Rebecca gold project, located east of Kalgoorlie in Western Australia.

Apollo Consolidated reported assay results for eight infill RC holes drilled at the emerging Cleo gold discovery, a broad area of anomalous gold situated only 1.4 kilometres west of the 840,000 ounce Rebecca deposit, both of which lie within the Lake Rebecca project.

Infill RC drilling at Cleo has returned multiple wide intercepts including:

25 metres at 1.43 grams per tonne gold and 13m at 1.27g/t gold;

25m at 0.71g/t gold and 20m at 0.87g/t gold;

11m at 2.99g/t gold; and

5m at 2.3g/t gold and 10m at 0.74g/t gold.

Diamond hole RCDLR0809 confirmed gold continuity, encountering:

6m at 2.67g/t gold and 19m at 0.94g/t gold.

Apollo considers Cleo to be an example of the potential for new mineralisation to be found under areas of shallow transported cover at the project.

Exploration at Rebecca has continued to be positive, with step down exploration diamond hole RCDLR0883 hitting 15m at 2.33g/t gold and potentially opening a new zone of open mineralisation approximately 200m west and down-dip from the high-grade Jennifer structure.

Infill RC drilling at Rebecca south returned:

10m at 3.53g/t gold; and

10m at 1.23g/t gold.

“RC drilling rolls on, with current activity testing a combination of high-impact step-down/step-out exploration targets, as well as ongoing resource-definition work inside the Rebecca Mineral Resource estimate (MRE),” Apollo Consolidated said in its ASX announcement.

“Assay results are pending for three additional step-down diamond ‘tails’ that tested structural targets below the Rebecca MRE.

“All holes hit disseminated sulphide mineralisation at target locations.

“Additional tails are planned on receipt of results.”




Email: info@apolloconsolidated.com.au


Web: www.apolloconsolidated.com.au