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Apollo Consolidated Ltd.

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Summary

Project:

Rebecca

Deposit:Jennifer Lode
Location:Australia
Commodities:Gold
Date:9/21/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-9-2018: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Jennifer Lode deposit at the Rebecca project. Drilling results incl. 6.3m @ 11.45g/t Au from 236m. Apollo Consolidated Limited (ASX: AOP, the Company) is pleased t
Resources:x
CP/QP:[Overall Report]: Nick Castleden (Internal)
ABSTRACT:Apollo Consolidated Limited (ASX: AOP, the Company) is pleased to report the results of recent diamond drilling carried out as part of continued drill-out of the Jennifer Lode discovery. A total of five NQ diamond ‘tails’ extended Reverse Circulation (RC) drill holes in the northern part of the defined Jennifer Lode surface (Figure 1) to obtain structural information and confirm the geometry of gold mineralisation. The diamond drilling is part of an ongoing program at the company’s 100% owned Lake Rebecca Gold Project in Western Australia Diamond hole RCDLR0255 on Section 6641410N intersected a zone of strong sulphide alteration extending from the base of the RC pre-collar, delivering a total intercept of 6.3m @ 11.45g/t Au from 236m including 2m @ 23.10g/t Au. This hole deviated southward, intersecting the Lode surface at a higher RL than planned and between sections. The location of this intercept is shown projected to section view in Figure 2 and in long section view in Figure 3. Figure 1. Rebecca Prospect and Jennifer Lode projected to surface on aeromagnetic image, showing collar locations of all drill holes colour coded for peak downhole gold assay2 . Collars of holes reported this release are blue squares & significant intercepts this release in yellow. Exploration intercepts released 13th August 2018 in white. Three diamond tails were completed on Section 6641385N to follow-up an intercept of 59m @ 3.22g/t Au (including 28m @ 5.06g/t Au) in RCLR02361 . All holes intersected disseminated pyrrhotite +/- chalcopyrite sulphides typical of Jennifer Lode and additional wide zones of unmineralized pyrite-dominant material in the footwall of the expected Lode position. RCDLR0261, in an up-dip position from RCLR0236 returned multiple broad mineralised zones, separated by late-stage dykes and pegmatite, including 14m @ 2.84g/t Au from 128m (with 1m @ 21.12g/t Au from 141m) and 16m @ 2.58g/t Au from 161m (Figure 2). RCDLR0262 in a down-dip position returned zones including 7m @ 1.73g/t Au from 162m and 11m @ 0.92g/t Au from 176m.

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