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Transaction Announcement Reports
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Project: | Rebecca | |
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Deposit: | Laura Lode, Jennifer Lode | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 10/15/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 15-10-2018: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Laura Lode, Jennifer Lode deposit at the Rebecca project. Drilling results incl. 53m @ 1.56g/t Au from 55m. Apollo Consolidated Limited (ASX: AOP) advises that ex | |
Resources: | x | |
CP/QP: | [Overall Report]: Nick Castleden (Internal) | |
ABSTRACT: | Apollo Consolidated Limited (ASX: AOP) advises that exploration drilling at the Lake Rebecca Gold Project has identified a new gold surface to the north of the previously identified Jennifer Lode. The newly named ‘Laura Lode’ is interpreted to extend for more than 300m in a northwest orientation and commences approximately 100m to the north of Jennifer. The combined strike distance of the Jennifer and Laura Lodes is now over 500m. Other drilling has also delivered further wide intercepts on the Jennifer Lode surface, more mineralisation in exploration holes approximately 300m south of Jennifer; and has highlighted a new exploration target 100m to the west of Laura. The Rebecca mineralised corridor now extends over 1.3km in strike and remains open. Exploration drilling north of Jennifer Lode has successfully defined a coherent NW trending, SW dipping sheet of disseminated sulphide hosted gold mineralisation newly named the ‘Laura Lode’ (Figure 1). Gold mineralisation has been intersected over a distance of at least 300m and remains open to depth and strike. Drilling remains relatively shallow and widespaced, with deepest intercepts on the structure approximately 130m below surface. New intercepts on this surface include 17m @ 2.92g/t Au from 133m in RCRL0271 on Section 6641620N (Figure 2), 15m @ 3.29g/t Au (including 1m assigned 0.0g/t Au pending assay results) from 108m in RCLR0272 on Section 6641560N, and 8m @ 2.02g/t Au from 39m in RCLR0277 on Section 6641740N. | |
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