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Apollo Consolidated Ltd.

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Summary

Project:

Boundiali

Deposit:Antoinette
Location:Cote D'Ivoire
Commodities:Gold
Date:4/3/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:3-4-2017: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Antoinette deposit at the Boundiali project. Drilling results incl. 4m @ 13.68g/t Au from 4m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to repo
Resources:x
CP/QP:[Overall Report]: Nick Castleden (Internal)
ABSTRACT:Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report assay results from continued aircore drilling at the Antoinette gold anomaly, on the Company’s whollyowned Boundiali permit. The most recent aircore campaign at Antoinette has targeted untested soil anomalism extending to the west and south of the significant Trench Zone gold discovery made last year. Just over 6,000m of angled aircore drilling was completed on 16 separate traverses (Figure 1). Much of the program involved single-line reconnaissance traverses, or lines in excess of 400m apart. The exploration team has now progressed activity into the remaining unexplored portions of the permit, with systematic soil sampling underway in order to bring forward the next series of targets. Approximately half of the 271km2 Boundiali permit is yet to receive firstpass soil sampling. A ground magnetic survey over the Liberty soil anomaly at Korhogo is now complete, and the Company is awaiting imagery from the contractor. Ground magnetic information will assist in prioritising aircore drilling targets along this large shear corridor and the aircore rig will move onto this project during the current dry season. The aircore drill rig remains on site pending design of follow-up programs at Boundiali.

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