The Kroussou Project in Gabon. Source: Apollo Minerals
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Apollo Minerals (AON) encounters the ‘strongest mineralisation’ ever recorded at its Kroussou project in Gabon
  • The company has received assays from the first few holes drilled along an untested extension of the Dikaki prospect
  • One drill hole intersected a 60.2-metre zone of mineralisation grading at 2.4 per cent zinc and lead
  • A separate drill hole has indicated the potential for mineralisation to continue to the east and another two holes intersected visible sulphide mineralisation with assays pending
  • AON shares are up 7.59 per cent to trade at 8.5 cents

Apollo Minerals (AON) has received initial assays from its 2022 drilling program at the Dikaki prospect within the Kroussou zinc-lead project in Gabon, Central Africa.

Today’s results account for the first six diamond holes drilled in the previously untested 2.5-kilometre eastern extension of the Dikaki prospect.

Highlighted results include 10.6 metres at 3.5 per cent zinc and lead from 25.5 metres and 18.9 metres at 3.7 per cent zinc and lead from 39.4 metres within a broader zone of 60.2 metres at 2.4 per cent zinc and lead from 1.9 metres in drill hole DKDD094.

Importantly, the mineralisation in DKDD094 represents the strongest ever recorded at the Kroussou project. The drill hole represents a 200-metre step out from previous drilling that targeted an interpreted high-tenor central zone of mineralisation.

Additionally, DKDD101 intersected 6.2 metres at 3.9 per cent zinc and lead from 25 metres.

The company said this hole was part of 800-metre step out drilling to the east and is believed to have ‘clipped’ the same mineralised system as intersected in DKDD094. Due to this, Apollo believes this indicates the mineralisation zone may continue.

Further, two holes drilled 30 and 50 metres on either side of DKDD094 intersected localised zones of visible sulphide mineralisation. Sampling and assays are pending.

“The excellent results from our ongoing drilling campaign highlights the exceptional exploration potential of the province-scale Kroussou project,” Executive Director Neil Inwood said.

“The current drilling program is focussed on expanding and further defining the mineralisation at Dikaki. The success of this program will enable future expansion of our exploration activities and footprint.”

Two diamond drill rigs are currently active on site with drilling continuing to target further step-out expansions at Dikaki.

Just before the market closes for the day, AON shares were up 7.59 per cent to trade at 8.5 cents at 3:55 pm AEST.

AON by the numbers
More From The Market Herald
Flexiroam (ASX:FRX) - CEO, Marc Barnett

" Flexiroam (ASX:FRX) drives growth in FY22

Mobile data provider Flexiroam (ASX:FRX) has announced its financial results for the 12 months ending March…

" Kingsgate Consolidated (ASX:KCN) appoints CR3 to restart Chatree gold mine

Kingsgate Consolidated (ASX:KCN) has progressed activities for the restart of the Chatree gold mine in Thailand…
Green Technology Metals (ASX:GT1) - CEO, Luke Cox

" Green Technology Metals (ASX:GT1) receives final drilling results from Seymour

Green Technology Metals (ASX:GT1) has received the final assays from the phase one diamond drilling program…

" Arafura Resources (ASX:ARU) signs MoU with Hyundai

Arafura Resources (ASX:ARU) has signed a memorandum of understanding with South Korean automotive manufacturer Hyundai Motor…