Apollo Consolidated Ltd

Apollo’s Rebecca Gold Project contains three lode-style prospects Bombora, Redskin and Duke, all of which host broad gold mineralisation associated with disseminated sulphide in a gneissic host rock.

Apollo’s drilling at Bombora in recent times has delivered a series of highly-significant intercepts establishing this prospect as the Company’s priority exploration asset. Drilling highlights at the 161 Lode include:

  • 42m @ 7.75g/t Au in hole RCLR0161
  • 17.84m @ 15.95g/t Au and 49m @ 4.57g/t Au in diamond hole RHD04
  • 50m @ 4.05g/t Au to end of hole in RCLR0209 
  • 25m @ 6.80g/t Au to end of hole in RCLR0206

PLAN VIEW REBECCA PROJECT AREA & BEST GOLD INTERCEPTS

On 25 August 2017, Apollo announced that inaugural core holes RHD04 and RHD05 had intersected wide zones of sulphidic alteration in the targeted 161 Lode position of the Bombora prospect and both returned exceptional gold intercepts:

  • RHD04 – 17.84m @ 15.95g/t Au from 142m (including 1m @ 231.27g/t, 1m 15.20g/t, & 1m @ 11.42g/t Au), and 49m @ 4.57g/t Au from 166m (including 1.06m @ 16.83g/t, 2m @ 14.41g/t & 4m @ 17.55g/t Au); and
  • RHD05 – 28m @ 2.41g/t Au from 179.5m

Follow-up RC and diamond drilling since has confirmed a strongly-mineralised position in this location:

  • RCLR0209 intersected 161 Lode on section 6614235N delivering 50m @ 4.05g/t Au from 170m to end of hole (EOH)
  • RCLR0206 intersected the 161 Lode on section 6614210N as broad zones of sulphidic alteration downhole, and delivered an intercept of 25m @ 6.80g/t Au EOH from 207m. The hole terminated at 232m at the limit of available drill-rods.

Gold mineralisation at 161 Lode is interpreted to be a near-vertical zone of disseminated (+/- matrix style) sulphide alteration (pyrrhotite, pyrite and traces of chalcopyrite) in a felsic gneiss host rock. Visible gold is seen around higher-grade positions. Grades are remarkably consistent through mineralised zones.

Multiple mineralised positions are also emerging in the area to the west of the 161 Lode, with five significant intercepts corresponding to logged sulphides, including 7m @ 3.23g/t Au, 13m @ 1.24g/t Au & 10m @ 1.38g/t Au in RCLR0206. These have potential to continue to develop to strike and dip, and may provide significant additional volume.

Similar gold results have been returned on widely-spaced drill lines through the 600m northern extension of the Bombora prospect, with results including 4m @ 5.59g/t, 19m @ 1.15g/t Au, and 6m @ 3.54g/t Au and the northernmost drilling showing an open intercept of 8m @ 1.40g/t Au. The Company sees good potential to locate additional high-grade positions in the broader prospect area.

Drilling is continuing to track the high-grade position at the 161 Lode with additional programs expected in coming months.

PLAN VIEW BOMBORA PROSPECT
PLAN VIEW 161 LODE

 

 

 

161 LODE CROSS SECTION

 

161 LODE LONG SECTION

 

PLAN VIEW DUKE PROSPECT

 

DUKE CROSS SECTION

 

REDSKIN PLAN VIEW

 

 

REDSKIN CROSS SECTION
Close Menu