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Apollo Consolidated Ltd.
Summary
| Project: | Rebecca | |
|---|---|---|
| Deposit: | Rebecca | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-1-2020: Apollo Consolidated Ltd. announces an Exploration/Drilling Update report for its Rebecca deposit at the Rebecca project. Drilling results incl. 19m @ 3.37g/t Au from 104m. Apollo Consolidated Limited (ASX: AOP) is pleased to report new assay res | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nick Castleden (Internal) | |
| ABSTRACT: | Apollo Consolidated Limited (ASX: AOP) is pleased to report new assay results from its ongoing drilling program at the Lake Rebecca Gold Project. This release brings up to date the majority of the drilling from 2019 at the Lake Rebecca Gold Project, located 150km ENE of Kalgoorlie (Figure 1). During 2019 a total of 225 drill holes were drilled for a total of 38,004m. The drilling tested a variety of targets including mineralisation delineation, exploration and precollar drilling along the 1.7km long Rebecca mineralised corridor. The drilling has continued to find significant gold zones in what is a very large mineralisation system. During 2019 of all the assayed intercepts above 0.50g/t, approximately 75% sit in the grade range between 0.50g/t and 2.00g/t, 15% of the intercepts were between 2.00g/t and 4.00g/t and the remaining 10% above 4.00g/t. This raw data demonstrates that the higher-grade components of the Jennifer and Laura lodes sit within a large low-grade system (‘Rebecca Mineralised Corridor’). The company expects this to become even further apparent when the company completes its Maiden Mineral Resource estimation which is currently in progress. The information summarised in this release is the majority of the final 26 RC drill holes (for 4,238m) and three diamond tails (for 303m) completed in 2019. The hole details are presented in Table 1. Assays for the final two RC holes drilled in 2019(into a nickel-copper target), and one diamond tail at Rebecca are yet to be returned from the lab. | |
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