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Apollo Consolidated Ltd.
Summary
| Project: | Boundiali | |
|---|---|---|
| Deposit: | Antoinette | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 7/19/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-7-2016: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Antoinette deposit at the Boundiali project. Drilling results incl. 8m @ 2.90g/t Au from 52m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to rep | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nick Castleden (Internal) | |
| ABSTRACT: | Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report that a reverse circulation (RC) hole drilled as a mechanical test has intersected additional gold mineralisation at Antoinette. Following the completion of mechanical repairs on-site at the Antoinette prospect, one additional RC hole was attempted to test the performance of equipment. The Company’s geologists sited this hole at the NE end of the Trench Zone mineralisation, and slightly off-trend to the east (Figure 1). Although the repairs proved ineffective for deeper drilling (and the rig was subsequently demobilised), the 69m hole (BDRC008) was geologically logged and composite sampled at 4m intervals to EOH depth. Assay results returned a composite intercept of 8m @ 2.90g/t Au, in a contact zone between shale and altered sandstone. Alteration at end of hole is similar to that of the Trench Zone. BDRC007 on the same traverse (B2) intersected 10m @ 3.37g/t Au in an oxidised Trench Zone position (Figure 2). The test hole assays support anomalism in nearby aircore drillhole BDAC0002 and demonstrates the potential for parallel gold lodes at the prospect. Additional RC drilling is required on this section. | |
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