Apollo Consolidated (ASX: AOP)
Updated the market regarding their ongoing drill program at the Lake Rebecca Gold Project, which both support and extend the result so far.
The highlights were 1 m at 15.3 g/t Au, 9 m at 3.81 g/t Au, and 7 m at 3.33 g/t Au.
Apollo Consolidated News – Infill drilling delivers positive results at Rebecca
Apollo Consolidated (ASX: AOP) has updated the market regarding their ongoing drill program at the Lake Rebecca Gold Project, located 90 miles east of Kalgoorlie, Western Australia.
RC drilling at the Rebecca Deposit has delivered strong gold mineralisation and each of the five holes has hit gold, with the best results including one metre at 15.3 g/t gold, nine metres at 3.81 g/t gold, and seven metres at 3.33 g/t gold.
the RC drilling program is continuing at Rebecca with objective of infilling positions on the Jennifer, Maddy and Laura structures.
In addition, 12 RC holes were also drilled at the new Cleo discovery, and a further six are planned. In a busy schedule, exploration is continuing to test under explored targets between Cleo, Duchess and Rebecca, as well as some key areas at Duchess and Duke.
Apollo is well-funded to continue with their exploration program, at Lake Rebecca with A$19.8 million in consolidated cash as of September 30th.
The writer owns shares in Apollo Consolidated bought in the market at the prevailing prices.
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