Perth miner Apollo Consolidated Ltd (ASX: AOP) reports that ongoing exploration and mineral resource expansion drilling at its Lake Rebecca Project in Western Australia has confirmed excellent grade and width continuity, providing further strong validation of its April 2021 mineral resource estimate block model.
The company had recently reported assay results from HQ diameter diamond drill hole MET004 at its 100%-owned Lake Rebecca Gold Project, with a standout hit of 75.8m @ 4.64 g/t Au.
Assay results have now been returned for the remaining HQ diameter diamond drill holes, with significant results including:
- Hole MET001 (Duchess deposit): 32m @ 1.56g/t Au & 30m @ 1.47g/t Au
- Hole MET002 (Duchess deposit): 66m @ 1.03g/t Au & 22m @ 1.35g/t Au
- Hole MET003 (Duke deposit): 97m @ 1.85g/t Au; including
- 1m @ 25.4g/t Au and 1m @ 12.5g/t Au
- Hole MET005 (Rebecca deposit): 8m @ 1.43g/t Au, 19m @ 1.16g/t Au & 11m @ 1.20g/t Au
- Hole MET006 (Rebecca deposit): 8m @ 2.35g/t Au; including
- 1m @ 17.3g/t Au) & 17m @ 1.27g/t Au
These drill holes targeted mineralised structures typical of the average MRE grade, and provided bulk composite material for continued metallurgical studies.
Potential for higher-grade mineralisation at Duchess
The company reported that coarse visible gold was encountered in hole MET001, within a zone of massive sulphide veining that assayed 9m @ 2.24g/t Au.
This style of gold mineralisation had not previously been logged, and raises the possibility of a new type of mineralisation, plus the use of downhole EM tools to target vein extensions.
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Drill core from MET001 displaying visible gold within massive pyrite/pyrrhotite vein @ 140.35m depth
Ongoing activity
The company reports that exploration and resource definition drilling continues, with recent activity at the Cleo discovery (11 RC holes and one diamond tail), and at the southern part of the Rebecca deposit (12 step-down, infill, and pre-collar RC holes).
Five further diamond tails testing step-down targets below the Laura and Jennifer structures were also completed and are now being processed with assays pending.
I addition, Apollo reports that the next stages of metallurgical test work are underway, along with technical studies and permitting.
Images: Apollo Consolidated Ltd
