Adelong Gold (ASX:ADG) has identified antimony-gold potential at the Heyfield Reef prospect within the Apollo Gold Project in Victoria, Australia.
This news comes after the company conducted a review of previous work which reinforces Adelong’s view that Apollo has potential to host epizonal antimony-gold mineralisation similar to more advanced deposits in the Melbourne Zone.
As such, Adelong says Heyfield Reef represents a priority target with numerous antimony-gold results from a rock sampling program undertaken in 2019 and a drilling program in 2022.
Some of the results include 3m @ 5.2 grams per tonne gold and 3.4% antimony from 66m and peak rock sample results of 20.1g/t gold and 3.9% antimony.
Managing Director Ian Holland says identifying antimony-gold potential within Heyfield Reef highlights the exception potential the company sees.
“With our existing expertise and technical capabilities, we look forward to unlocking the project’s full potential,” Holland says.
The company notes it is well-funded and will move rapidly to begin further exploration programs on this prospect and the broader Apollo Project.
Adelong Gold is a mineral explorer focused on its flagship namesake project in New South Wales, as well as the Apollo Project in Victoria.
Write to Aaliyah Rogan at Mining.com.au
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