THE DRILL SERGEANT: Apollo Consolidated (ASX: AOP) scored strong results from infill and step-down Mineral Resource definition drilling at the company’s 100 per cent-owned Lake Rebecca gold project in Western Australia.
Drilling focused on the Rebecca, Duchess and Duke deposits has identified new mineralisation at Duchess and Rebecca, and led to the discovery of exciting new zones of mineralisation under cover such as Cleo.
Latest assay results reported include strong infill and step-down gold intercepts at the Rebecca deposit:
33 metres at 1.46 grams per tonne gold, 30m at 1.16g/t Au and 15m at 1.74g/t gold;
8m at 3.53g/t gold, 3m at 8.22g/t gold, and 10m at 1.22g/t gold;
8m at 2.58g/t gold; and
10m at 1.46g/t gold EOH.
Step-down intercepts at the Duchess deposit include:
20m at 1.64g/t gold.
While promising indications in exploration drilling SE of Cleo returned:
3m at 3.78g/t gold EOH.
“Ongoing drilling along the ~1.7km long Rebecca deposit continues to demonstrate the strength of this mineralised system and it is pleasing to see mineralisation intercepted as expected in geological modelling as well as in new structural positions,” Apollo Consolidated said in its ASX announcement.
Apollo has completed an additional eight RC infill and step-down RC drill holes at Rebecca, while four diamond drill holes core drilled from surface are now being processed.
The company is looking to the diamond drilling to provide important geotechnical information as well as testing key exploration positions below the optimised pit shell that constrains the current 775,000 ounces Rebecca Mineral Resource.
Assay results are also pending for a further seven shallow RC holes at the emerging Cleo discovery.
Apollo anticipates using all outstanding drilling results to calculate a re-estimation of Mineral Resources, the results of which will guide exploration priorities and possible commercial studies into 2021.
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