- Apollo Consolidated (AOP) has identified new gold mineralisation at its Lake Rebecca Gold Project in Western Australia
- These new gold mineralisation zones were identified at the Rebecca, Duke, and Duchess deposits
- A wide anomalous gold zone was also identified at the Cleo prospect
- Apollo is now continuing to search for new, shallow mineralised material at the Lake Rebecca Gold Project
- A significant number of drill sites have been put in place and two diamond tails are currently being logged and prepared for analysis
- Apollo is up a slight 4.08 per cent and shares are trading for 25.5 cents each
Apollo Consolidated (AOP) has identified new gold mineralisation at its Lake Rebecca Gold Project.
The Lake Rebecca Gold Project covers an area of 160 square kilometres and is located 145 kilometres east of Kalgoorlie in Western Australia.
Ongoing shallow exploration and infill drilling across Lake Rebecca has identified several new gold intercepts with each requiring follow-up work.
These were identified at the Rebecca, Duke, and Duchess deposits.
One of the new targets is located 1.2 kilometres northeast of the Duchess deposit, returning 25 metres at 1.23g/t gold from 100 metres. This was then followed by a further 15 metres at 1.40g/t gold from 130 metres.
These results suggest a deep dipping zone of widespread mineralisation, spanning a width of 30 metres.
This new area remains open more than one kilometre to the north and 200 metres to the south. Follow-up drilling has been planned for these areas.
A second area was identified in the northern part of the Rebecca deposit and returned results of 10 metres at 7.68g/t gold including three metres at 21.57g/t gold.
A second hole from this area returned five metres at 5.59g/t gold from 80 metres.
Step-out and infill drilling will now be undertaken at the Rebecca deposit to build geological confidence in the orientation of the high-grade structures.
This will play a major role in the planning of future mining studies.
Step-out drilling was undertaken at Duke to test a portion at the eastern end of the deposit.
This drilling returned an intercept of 25 metres at 1.09g/t gold from 95 metres and it was the first of many planned holes.
This one intercept confirms that mineralisation remains open and further step-out drilling is planned to expand the existing mineral resource for Duke.
Additional drilling at the Cleo prospect has defined a 100-metre wide anomalous gold system and returned results such as 50 metres at 0.23g/t gold, and 100 metres at 0.2g/t gold.
More drilling has now been planned to tackle the unexplored south area of this prospect.
Apollo is now continuing to search for new, shallow mineralised material at the Lake Rebecca Gold Project.
A significant number of drill sites have been put in place and two diamond tails are currently being logged and prepared for analysis.
Apollo is up a slight 4.08 per cent and shares are trading for 25.5 cents each at 2:16 pm AEST.