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    Apollo reports excellent gold intercepts from delineation drilling at Lake Rebecca

    Apollo Consolidated Limited (ASX: AOP) has announced an encouraging update from its ongoing RC and diamond drilling program at the Lake Rebecca Gold Project in Western Australia.

    The company reported that the delineation drilling intercepted exceptional gold hits.

    Highlights from drilling into the southern portion of the high-grade Jennifer Lode surface include 40m @ 5.06g/t Au, 15m @ 1.26g/t Au & 8m @ 6.54g/t Au; 51m @ 2.90g/t Au, 9m @ 10.58g/t Au & 19m @ 5.90g/t Au; and 12m @ 6.73g/t Au.

    AOP said that the drilling has added geological confidence and confirmed excellent grade continuity.

    Apollo announced that the exploration RC drilling elsewhere along the 1.7km long Rebecca mineralised corridor returned hits including 17m @ 2.56g/t Au, and 7m @ 2.86g/t Au.

    The company said that the RC and diamond drilling is currently continuing at the Project.

    Lake Rebecca gold project

    The Lake Rebecca Gold Project comprises ~160km2 of tenure located approximately 145km east of Kalgoorlie, covering a greenstone belt on the eastern margin of the Norseman-Wiluna Greenstone Belt.

    The project contains three advanced and growing gold discoveries – Rebecca (previously named Bombora), Duke, and Duchess (previously named Redskin), in which gold mineralisation is hosted by broad zones of disseminated sulphides in gneiss.

    It may be noted that Rebecca is the flagship prospect at the Company’s Lake Rebecca Gold Project.

    Drilling at Lake Rebecca

    The company had recently commenced delineation drilling program at the Lake Rebecca project.

    Apollo has now reported an encouraging update from the drilling in the Rebecca discovery area, a zone of multiple stacked mineralised surfaces that extends over a 1.7km strike and down-dip to the limit of drilling information.

    AOP has reported the results from further six RC drill holes (for 1,700m) at Lake Rebecca project, RCLR0494, RCLR0495, RCLR0496, RCLR0497, RCLR0498, and RCLR0503.

    Apollo said that three of the holes were drilled to add geological confidence in width and geometry around the southern part of Jennifer Lode.

    Jennifer Lode is a body of disseminated sulphide mineralisation that contains significant high-grades and will therefore be an important component of future project commerciality.

    The remaining three holes were drilled to test depth extensions of Maddy & Laura mineralised zones north of Jennifer Lode, where ongoing drilling over the year has added considerable volume of lower-grade mineralisation.

    High-grade assays reported

    The company announced that the drilling into the southern portion of the high-grade Jennifer Lode surface intercepted exceptional gold hits.

    Highlights include 40m @ 5.06g/t Au from 165m (including 10m @ 7.15g/t Au, 1m @ 16.30g/t Au and 3m @ 11.38g/t Au), followed by 15m @ 1.26g/t Au from 210m and 8m @ 6.54g/t Au from 227m (including 1m @ 17.20g/t Au) from hole RCLR0494;

    51m @ 2.90g/t Au from 174m (incl. 2m @ 12.10g/t Au and 1m @ 15.90g/t Au), 9m @ 10.58g/t Au from 231m (incl. 3m @ 15.16g/t Au and 2m @ 16.20g/t Au), and 19m @ 5.90g/t Au from 251g/t Au (incl. 1m @ 39.20g/t Au, and 2m @ 17.75g/t Au) from hole RCLR0498;

    And 12m @ 6.73g/t Au from 185m (incl. 2m @ 15.50g/t Au) from hole RCLR0503.

    Apollo said that exploration RC drilling elsewhere along the 1.7km long Rebecca mineralised corridor returned high-grade hits.

    Significant intercepts include 17m @ 2.56g/t Au from 288m in RCLR0496, from a down-dip test of the Laura surface. This intercept is a 100m down-dip extension from 16m @ 3.24g/t Au in previous hole RCLR0453 and confirms the surface remains open to depth and plunge.

    Other hits include 6m @ 2.50g/t Au from 183m from hole RCLR0497.

    Updates and further work

    The company reported that the latest set of delineation and exploration drill results further demonstrates the strength of gold mineralisation along the 1.7km Rebecca mineralised corridor.

    Apollo said that its drilling over the duration of the 2019 drilling campaign has also shown that the project contains a substantial endowment of lower grade disseminated sulphide material, particularly at Rebecca and Duchess where multiple stacked sheets have recently emerged. The company said that this material is likely become a significant volume component in future resource calculations.

    AOP said that an additional 15 RC holes have been completed, with samples being submitted in batches to the assay laboratory.

    Apollo announced that the next stage of exploration work will consist of follow-up RC/diamond drilling to continue to scope lateral and plunge extensions of structures and to test new targets.

    The company said that the shallow RC exploration drilling will move into the 4km long highly prospective structural corridor between the Rebecca discoveries and Duchess, as well as continuing to scope the Duke, Duchess, and Cleo prospect areas.

    AOP said that additional surface geophysical surveys may be commissioned.

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    • Delayed Prices (USD) - Last Updated 27-06-2022
    • Gold $1,826.40
    • Silver $21.14
    • Platinum $908.00
    • Palladium $1,802.00
    • Dalian Iron Ore i2209 $113.98
    • Aluminium $2,456.00
    • Cobalt $72,400.00
    • Copper $8,381.00
    • Lead $1,915.00
    • Nickel $22,400.00
    • Tin $24,590.00
    • Zinc $3,350.00