Apollo Consolidated (ASX: AOP)
Apollo Consolidated reported significant gold hits at their Cleo and Rebecca projects in Western Australia.
Infill RC drilling returns multiple wide intercepts including 25m @ 1.43g/t Au* & 13m @
1.27g/t Au.
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| Apollo Consolidated | ASX : AOP |
| Stage | Exploration |
| Metals | Gold |
| Market cap | A$106 m @ 36.5c |
| Location | Kalgoorlie, Western Australia |
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Apollo Consolidated gold hits continue at Cleo and Rebecca
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Apollo Consolidated (ASX: AOP) reported significant gold hits at their Cleo and Rebecca projects in Western Australia.
Infill RC drilling returns multiple wide intercepts including 25m @ 1.43g/t Au* & 13m @
1.27g/t Au.
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Highlights:
Significant new gold intercepts returned in Reverse Circulation (RC) and diamond drilling at the emerging Cleo discovery, located only 1.4km to the west Apollo V flagship 840,000oz1 Rebecca gold deposit.
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Cleo:
Infill RC drilling returns multiple wide intercepts including 25m @ 1.43g/t Au* & 13m @ 1.27g/t Au* in RCLR0847, 25m @ 0.71g/t Au* & 20m @ 0.87g/t Au* in RCLR0846, 11m @ 2.99g/t Au* in RCLR0841, and 5m @ 2.30g/t Au* & 10m @ 0.74g/t Au* in RCLR0845
Diamond Wail RCDLR0809 confirms gold continuity, with intercepts of 6m @ 2.67g/t Au and 19m @ 0.94g/t Au
Cleo presents an example of the potential for new mineralisation to be found under areas of shallow transported cover at the Project
Rebecca:
Exploration hits continue, with step down exploration diamond µWail¶ RCDLR0883 hitting 15m @ 2.33g/t Au 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 hits 10m @ 3.53g/t Au* in RCLR0850 and 10m @
1.23g/t Au* in RCLR0849
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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)1
Assay results are pending for three additional step-down diamond Wail 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.
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For brevity, this summary has been redacted, to read the full news release, please click HERE
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Disclosure
At the time of writing the author holds shares in Apollo Consolidated bought in the market.