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Apollo Consolidated Ltd.

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Summary

Project:

Rebecca

Deposit:Jennifer Lode
Location:Australia
Commodities:Gold
Date:7/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-7-2018: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Jennifer Lode deposit at the Rebecca project. Drilling results incl. 59m @ 3.22g/t Au from 150m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to
Resources:x
CP/QP:[Overall Report]: Nick Castleden (Internal)
ABSTRACT:Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report that ongoing Reverse Circulation (RC) drilling at the company’s 100% owned Lake Rebecca Gold Project in Western Australia, continues to provide outstanding gold intercepts. Drilling has been targeting extensions to the Jennifer Lode1 , a significant body of gold mineralisation discovered late 2017 that has now been defined over an area extending 275m along strike, ~220m vertical and up to 25m true width. Assay results for the first 11 RC holes completed in the current program are reported here (Table 1). RCLR0236, a step out hole 25m at the northern end of the Lode has provided strong evidence the system has substantial width and grade northward (Figures 1 & 2). An intercept of 59m @ 3.22g/t Au from 150m, includes a coherent high-grade segment of 28m @ 5.06g/t Au from 170m (with 1m @ 17.09g/t Au from 182m & 1m @ 11.19g/t Au from 192m). The intercept is typical of others in the system, with strong grade continuity through the mineralised zone, particularly in the high-grade section. Individual assay results are presented in Table 2.

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