- Apollo Minerals (AON) identifies semi-massive and disseminated style zinc and lead sulphides at its Kroussou zinc-lead project in Gabon, Central Africa
- The discoveries were made in five near surface drill holes at Target Prospect 13
- The company says the mineralisation is over 200 metres of strike and indicates a potentially shear hosted system and possible primary high-grade feeder structures
- Mineralisation at the prospect remains open to the north and south, with assay results to be reported once received
- Shares are up 1.79 per cent to trade at 5.7 cents at 10:58 am AEST
Apollo Minerals (AON) has identified semi-massive and disseminated style zinc and lead sulphides at its Kroussou zinc-lead project in Gabon, Central Africa.
The discoveries were made in five near-surface drill holes at Target Prospect 13.
The mineralised intercepts commence from three metres below surface, with downhole thickness of between two and 18 metres.
The company said the mineralisation was over 200 metres of strike and indicates a potentially shear-hosted system and possible primary high-grade feeder structures.
Mineralisation at the prospect remains open to the north and south, with assay results to be reported once received.
Managing Director Neil Inwood said this was a game-changing discovery.
“We expect that the assays, when received, will indicate a step change in the target grade-profile at Kroussou,” he said.
“The discovery complements the recent airborne electromagnetic survey and enables our technical team to generate comprehensive exploration targets across the province scale Kroussou project.”
Furthermore, Apollo reported assays from the NK-SE and NK-NE areas of the prospect.
One of the best results came from NK-SE which hit 15.9 metres at 1.4 per cent zinc and lead from 16.5 metres, including 3.7 metres at 3.3 per cent zinc and lead from 17.4 metres.
Shares in the company were up 1.79 per cent to trade at 5.7 cents at 10:58 am AEST.