Apollo Consolidated (ASX: AOP)
Apollo Consolidated has reported partial assay results from the Duchess gold deposit, located within the Lake Rebecca Gold Project in Western Australia.
The company recently completed some RC drilling at their Duchess prospect, and has defined an open southward extension.
Apollo Consolidated Reports Initial Drill Results From Their Duchess Deposit at Lake Rebecca, Near Kalgoorlie.
Apollo Consolidated has reported partial assay results from the Duchess gold deposit, located within the Lake Rebecca Gold Project in Western Australia.
The company recently completed some RC drilling at their Duchess prospect, and has defined an open southward extension.
Highlights
- Apollo Consolidated (AOP) has received partial assay results from the Duchess gold deposit within the Lake Rebecca Gold Project in WA
- Recent RC drilling at Duchess has defined an open southward extension and intersected up to 1.39g/t gold
- Apollo has drilled several follow up holes to the south, but results are awaited.
- Drilling 1.3 k NW of Duchess was completed with up to 1.60 g/t gold intersected
- Immediate focus is at the Rebecca deposit where limited exploration drilling has been completed so far.
Apollo Consolidated – Recent Drill Results
Drilling also returned results of 18 metres at 1.39g/t gold and 23 metres at 1.33g/t gold and the results show the potential for resource growth around the boundary of the deposit.
Apollo has drilled several follow up holes to the south, but results are yet to be received.
Drilling 1.3 kilometres northwest of Duchess also returned a promising result of four metres at 1.60g/t gold from 46 metres.
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The writer currently holds shares in Apollo Consolidated, bought in the market at the prevailing price on the day of purchase.
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