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Apollo Consolidated Ltd.

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Summary

Project:

Rebecca

Deposit:Bombora
Location:Australia
Commodities:Gold
Date:1/15/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:15-1-2018: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Bombora deposit at the Rebecca project. Drilling results incl. 11m @ 3.89g/t Au from 148m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report
Resources:x
CP/QP:[Overall Report]: Nick Castleden (Internal)
ABSTRACT:Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report that December 2017 Reverse Circulation (RC) drilling at its Bombora Prospect has expanded the known mineralised system for at least 150m southward, as well as returning 11m @ 3.89g/t Au from the upper southern part of the high-grade 161 Lode (Figure 1). Figure 1. Plan view showing interpreted trace of ‘161 Lode’ with drill collars & gold intercepts of holes completed in current program in blue. Drill hole collars and all gold intercepts that penetrate the Lode surface are also plotted. Drilling was carried out on three 50m spaced traverses at the southern end of Bombora, with eight holes completed of between 150m and 270m in depth. All drillholes intersected >1g/t Au disseminated sulphide-hosted mineralisation, typically within broad zones of >0.20g/t Au gold anomalism (Table 1). On Section 6641160N, 50m beyond the 161 Lode discovery, drill hole RCLR0213 targeting the expected upper edge of the Lode position intersected silica-sulphide alteration over 16m, and gold mineralisation to 11m @ 3.89g/t Au (including 1m @ 10.83g/t Au). This hole went on to intersect multiple >0.50g/t Au zones to 5m @ 2.76g/t Au, within a 73m wide anomalous zone averaging 0.54g/t Au from 177m (Figure 2). Adjacent hole RCLR0214 intersected 7m @ 1.18g/t Au and 4m @ 1.71g/t Au to end of hole (EOH)

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