Apollo Consolidated Identifies Further Rebecca Mineralisation

THE DRILL SERGEANT: Apollo Consolidated (ASX: AOP) has drilled indications of further gold mineralisation at the company’s 100 per cent-owned Lake Rebecca gold project near Kalgoorlie in Western Australia.

Apollo Consolidated reported that shallow infill and exploration drilling at the 775,000 ounce Rebecca deposit has delivered multiple gold hits below the current Mineral Resources.

Drilling returned intercepts, including:

10 metres at 5 grams per tonne gold and 7m at 3.01g/t gold;

25m at 1.30g/t gold and 3m at 5.30g/t gold;

10m at 1.54g/t gold;

8m at 1.97g/t gold; and

10m at 1.34g/t gold.

All intersections sit below the base of the optimised pit shell Apollo used to constrain the Rebecca Mineral Resource estimate.

Apollo conducted additional RC exploration drilling out on three infill sections in what it described as a ‘saddle’ area that has seen limited drilling in the optimised pit shell.

This area sits just to the south of the high-grade Jennifer structure, which after the optimisation completed earlier this year, was identified as a priority target for additional drilling.

This drilling also returned encouraging results, most of which lie outside the resource model, and below pit design and upgrade previously modelled mineralisation in this area.

RC drilling was also carried out on infill and extensional positions at the new Cleo discovery, comprising twelve additional RC holes.

Exploration drilling is scheduled to continue to test under-explored structural targets lying between Cleo, Duchess and Rebecca, as well as key resource-definition positions at Duchess and Duke.

“Ongoing drilling continues to investigate under-drilled portions of the Lake Rebecca mineralised systems, with this set of results confirming coherent gold mineralisation below Mineral Resources in the area south of the high-grade Jennifer structure,” Apollo Consolidated said in its ASX announcement.

“The results have upgraded this part of the Rebecca deposit and when added to the data are likely to remove a ‘saddle’ seen in the February 2020 optimised pit shell.

“The company is continuing to test multiple target areas with drilling to upgrade and extend the current Mineral Resource estimate.”



Email: info@apolloconsolidated.com.au


Web: www.apolloconsolidated.com.au