- Apollo Consolidated’s (AOP) Lake Rebecca Gold Project in WA has continued to return positive drilling results
- The miner is undertaking ongoing infill and step-out reverse circulation drilling focused on the Rebecca deposit and Cleo discovery
- Pleasingly, mineralisation at Rebecca continues to extend with new zones discovered
- Additionally, the central zone of strong gold anomalism at Cleo has been extended to more than 350 metres long and up to 150 metres wide
- All results are being included in an updated mineral resource estimate which is expected to be completed by the end of the second quarter
- Apollo ended the day trading a slight 1.59 per cent higher at 32 cents at market close
Apollo Consolidated (AOP) has reported positive results from drilling within the Lake Rebecca Gold Project in Western Australia.
Ongoing infill and step-out reverse circulation (RC) drilling is focused on the Rebecca deposit where new zones of gold mineralisation are continuing to emerge.
The latest results are from the 775,000-ounce Rebecca deposit along with step-out holes drilled at the Cleo discovery.
Best results from Rebecca include 21 metres at 2.45g/t gold and seven metres at 2.09g/t gold, 11 metres at 2.17g/t gold, nine metres at 1.79g/t gold, five metres at 3.27g/t gold and four metres at 2.37g/t gold.
Pleasingly, the infill drilling has confirmed the geological interpretation and locates important extensions to mineralised hanging wall and footwall zones.
The mineralisation at Rebecca remains open at depth and will drive drilling over the course of this year.
However, the company will add a diamond drilling component to the program to increase geological confidence in under-drilled areas.
Additionally, seven shallow step-out RC holes were drilled at the Cleo discovery which is located 1.4 kilometres from Rebecca.
This latest step-out drilling at Cleo expanded the central zone of strong gold anomalism to more than 350 metres strike and up to 150 metres wide.
Drill holes returned multiple two-metre to 11-metre-wide gold intercepts with the best being 11 metres at 0.9g/t gold from 126 metres.
The Cleo anomalous footprint is open in most directions and further drilling is planned to determine the potential for mineral resources.
Assays for the last four holes drilled last year are pending.
All results will be included in an updated mineral resource estimation which is expected to be completed in the second quarter of 2021.
Apollo ended the day trading a slight 1.59 per cent higher at 32 cents at market close.