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Apollo Consolidated Ltd.
Summary
| Project: | Boundiali | |
|---|---|---|
| Deposit: | Antoinette | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 1/16/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2017: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Antoinette deposit at the Boundiali project. Drilling results incl. 24m @ 1.28g/t Au from 24m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nick Castleden (Internal) | |
| ABSTRACT: | Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report assay results from the December round of aircore drilling completed over parts of the Antoinette gold anomaly, on the Company’s wholly-owned Boundiali permit. The December aircore campaign focussed on an area of granodiorite-hosted gold stockwork located approximately to the southeast of the emerging Trench Zone gold prospect. Four lines of aircore at 200m to 400m line spacing tested the area, with angled holes drilled through the oxide profile on a local grid (315 degree) orientation (Figure 1). A central line (6000N) intersected a number of zones of gold mineralisation with supporting widespread >0.20g/t gold anomalism (Figure 2), with a good correlation seen between intercepts on this line and gold intercepts on two prior reconnaissance traverses at UTM east-west orientation. A best composite intercept of 24m @ 1.28g/t Au from 24m was obtained in hole BDAC207, corresponding to a near-vertical zone of gold mineralisation intersected by earlier hole BDAC033 (16m @ 1.03g/t Au, and 8m @ 2.41g/t Au to end of hole (EOH)) (Figure 3). The strike of mineralised quartz veining remains to be determined, and infill drilling at 50 to 100m line spacing will be required to scope potential in this area. | |
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