Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Apollo Minerals (AON) completes its first phase of drilling at the Dikaki Prospect in Gabon, Africa
  • All up, 46 diamond holes were drilled to target shallow, high-grade zinc-lead mineralisation
  • The first batch of core has been shipped to Perth for analysis and results are expected to be available in the coming weeks
  • Now that drilling has wrapped up at Dikaki, Apollo will focus on the Niamabimbou Prospect to target high-grade zinc-lead mineralisation
  • Apollo is up 4.4 per cent on the market with shares trading at 9.5 cents at 2:23 pm AEST

Apollo Minerals (AON) has completed its first phase of drilling at the Dikaki Prospect at the Kroussou Project in Gabon, Africa.

All up, 46 diamond holes, for 2205 metres, were drilled to target shallow, high-grade zinc-lead mineralisation.

Apollo tested previously identified high-grade trend as well as shallow extensions to the trends.

The first batch of core has been shipped to Perth for analysis and results are expected to be available in the coming weeks.

Now that drilling at the Dikaki Prospect is complete, Apollo has begun drilling at the Niamabimbou Prospect which is also part of Kroussou.

Drilling will target shallow, high-grade zinc-lead mineralisation with roughly 100 holes, for 5000 metres, to be drilled.

Mapping and rock chip sampling undertaken in 2020 generated multiple new high priority drill targets which have the potential to host significant tonnage of shallow base metals mineralisation.

Results from this sampling peaked at 24.85 per cent combined zinc and lead.

No previous drilling has been undertaken at Niamabimbou and is thus a key focus of planned activities in the dry season.

Work is expected to be completed by September with initial assay results anticipated by August.

Once received, results from both Dikaki and Niamabimbou will be used to plan future exploration programs.

“With the successful completion of the phase one drilling at Dikaki and initial results expected in the coming weeks, the focus of drilling has now shifted to the extensive Niamabimbou Prospect, which has over eight kilometres of prospective strike,” Executive Director Neil Inwood said.

“During the upcoming dry season, exploration activities will also expand to include planned mapping, soils and ground geophysics.”

Apollo was up 4.4 per cent on the market with shares trading at 9.5 cents at 2:23 pm AEST.

AON by the numbers
More From The Market Herald
Venus Metals (ASX:VMC) - Managing Director, Matthew Hogan

" Venus Metals (ASX:VMC) intersects encouraging mineralisation at Vidure

Venus Metals (VMC) has intersected encouraging copper-nickel-platinum group element (PGE) mineralisation at the Vidure Prospect.

" Whitehaven Coal (ASX:WHC) uses record prices to pay down debt

Whitehaven Coal (WHC) will use the uplift

" Alderan Resources (ASX:AL8) commences drilling at Detroit

Alderan Resources (AL8) has commenced drilling at its Detroit copper gold project, located in the US state of Utah.
RareX (ASX:REE) - Managing Director, Jeremy Robinson

" RareX (ASX:REE) begins scoping study at Cummins

RareX (REE) has begun a scoping study at its flagship Cummins Range Critical Metals Project.