- Apollo Consolidated (AOP) has reported further drilling success at its Rebecca gold deposit, located within the Lake Rebecca Gold Project in WA
- Recent reverse circulation drilling at the prospect has identified significant new gold hits
- The drilling has opened up a new zone of high-grade down-plunge exploration potential
- The company will continue with exploration drilling at the prospect
- On the market, Apollo is up 5 per cent and is trading at 31.5 cents per share at 1:27 pm AEST
Apollo Consolidated (AOP) has reported drilling success at its Rebecca gold deposit, part of the Lake Rebecca Gold Project near Kalgoorlie, Western Australia.
Recent reverse circulation drilling at the prospect has identified significant new gold hits.
Results from the program have opened up a new zone of high-grade down-plunge exploration potential.
Intercepts include eight metres at 7.81 grams of gold per tonne (g/t), seven metres at 3.71g/t gold and 10 metres at 2.54g/t gold.
Earlier this year, Apollo released a mineral resource estimate of 840,000 ounces for the Rebecca Deposit.
“These drilling results continue to reinforce the value of the Rebecca gold system and the clear existing opportunities to grow the MRE as exploration progresses,” the company said.
The company will continue with exploration drilling at the prospect.
On the market, Apollo was up 5 per cent and is trading at 31.5 cents per share at 1:27 pm AEST.