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Apollo Consolidated Ltd.

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Summary

Project:

Rebecca

Deposit:Laura Lode, Jennifer Lode
Location:Australia
Commodities:Gold
Date:12/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-12-2018: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Laura Lode, Jennifer Lode deposit at the Rebecca project. Drilling results incl. 21m @ 2.44g/t Au from 132m. Apollo Consolidated Limited (ASX: AOP) is pleased to
Resources:x
CP/QP:[Overall Report]: Nick Castleden (Internal)
ABSTRACT:Apollo Consolidated Limited (ASX: AOP) is pleased to advise that ongoing drilling at the Lake Rebecca Gold Project has delivered new strong intercepts associated with the recently discovered ‘Laura Lode’ mineralisation. The company now estimates that Laura extends for more than 300m along strike and over 200m down-dip and commences approximately 100m to the north of the high-grade Jennifer Lode. The Lake Rebecca mineralised corridor remains open over its 1.3km in strike and continues to provide new drill targets. Drilling of these targets and additional Jennifer and Laura drilling will continue early in 2019. A total of 15 Reverse Circulation (RC) drill holes and one pre-collar have been completed for approximately 2,800m of drilling in this program. The majority of the holes sit within the Rebecca mineralised corridor, primarily focussed on further assessment of the recently discovered Laura Lode surface, located ~100m north of the Company’s high-grade Jennifer Lode body (Figure 1). Results reported here confirm that Laura Lode is a shallow large mineralised surface, with gold grades lying within a thick tabular west-dipping sheet of disseminated sulphide. Significant results include 21m @ 2.44g/t Au from 132m in RCLR0298, 14m @ 2.11g/t from 156m and adjacent 10m @ 1.72g/t Au from 179m in RCLR0295, 17m @ 1.39g/t Au from 140m in RCLR0296 and 8m @ 2.92g/t Au from 149m in RCLR0287.

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