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- Apollo Consolidated (AOP) has updated the market regarding the ongoing drilling program at the Rebecca Gold Project in Western Australia
- Ongoing drilling at the Rebecca Deposit has delivered strong gold mineralisation with grades peaking at 15.3g/t gold
- 12 reverse circulation (RC) holes were also drilled at the new Cleo discovery and samples are currently at the laboratory awaiting analysis
- Apollo remains well-funded to continue with exploration at Lake Rebecca with $19.8 million in consolidated cash as of September 30
- Company shares are up 4.69 per cent and are trading for 33.5 cents each
Apollo Consolidated (AOP) has updated the market regarding the ongoing drilling program at the Rebecca Gold Project.
Lake Rebecca lies roughly 145 kilometres east of Kalgoorlie in Western Australia and covers an area of 160 square kilometres.
Ongoing drilling at the Rebecca Deposit has delivered strong gold mineralisation and each of the five reverse circulation (RC) holes has hit gold.
Best results include one metre at 15.3g/t gold, nine metres at 3.81g/t gold, and seven metres at 3.33g/t gold.
RC drilling is continuing at Rebecca with aims to test infill positions on the Jennifer, Maddy and Laura structures.
12 RC holes were also drilled at the new Cleo discovery and a further six have been planned. Samples are currently at the laboratory and are awaiting analysis.
Exploration drilling is continuing to test underexplored targets between Cleo, Duchess and Rebecca, as well as key areas at Duchess and Duke.
Results will be announced as they become available.
Apollo remains well-funded to continue with exploration at Lake Rebecca with $19.8 million in consolidated cash as of September 30.
Company shares are up 4.69 per cent and are trading for 33.5 cents each at 2:25 pm AEDT.
