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Apollo Consolidated Ltd.

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Summary

Project:

Rebecca

Deposit:Bombora
Location:Australia
Commodities:Gold
Date:10/20/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-10-2017: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Bombora deposit at the Rebecca project. Drilling results incl. 50m @ 4.05g/t Au from 170m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to repor
Resources:x
CP/QP:[Overall Report]: Nick Castleden (Internal)
ABSTRACT:Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report more highly significant analytical results from two recent reverse circulation (RC) holes drilled on the 161 Lode at Bombora, a prospect at the Company’s 100% owned Rebecca Project Western Australia. Both RC holes intersected wide zones of sulphidic alteration in the target location and assay results continue to provide strong correlation between sulphide content and grade. The result in RCLR0209 indicates a robust mineralised position between this point and core hole RHD04, which intersected 17.84m @ 15.95g/t Au & 49m @ 4.57g/t Au (see ASX-AOP announcement 25th August 2017). The RCLR0209 intercept continues strongly to the end of the drillhole, with the last 5m assaying 6.07g/t Au. All RC samples were dry and of good quality and gold mineralisation in the zones is typically consistent downhole (Table 2). Also of note in RCLR0209 is the multiple mineralised positions to the west of the 161 Lode (Figure 1), all around 1g/t Au grade. The orientation of these zones is not known, but similar and stronger zones have been logged in other holes in the current campaign. These have potential to develop to strike and dip, and provide additional volume around the Lode.

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