In Australia the Company retains a 100%-owned advanced project named Rebecca, located 150km east of Kalgoorlie in West Australia. The Company sees good potential to extend and quantify known gold mineralisation at three prospects where significant historical drill results include 11m @ 3.24g/t Au, 30m @ 1.39g/t Au, and 28m @ 2.18g/t Au respectively. RC and diamond drilling at the Company’s wholly owned Rebecca gold project returned some exceptional gold intercepts from the Jennifer prospect, including 17.84m @ 15.95g/t Au & 49m @ 4.57g/t Au. The mineralisation extends over 600m of strike and is open in most directions. The Company will continue to explore the Rebecca Project and will also assess recently recognised nickel sulphide potential in extensive ultramafic rocks.
Elsewhere in Western Australia the Company is exploring for gold at its 100% owned Yindi Project, which lies along strike from the multi-million ounce Carosue Dam group of gold deposits and has tenement applications covering promising intrusive-hosted nickel sulphide targets at Louisa.
Through a retained 20% stake in Aspire Minerals Pty Ltd, Apollo maintains its exposure to granted exploration permits in northern and central Côte d’Ivoire via a recent Binding Heads of Agreement with ASX listed company Exore Resources Ltd (ASX:ERX). It also holds a 1.2% NSR with Newcrest Ltd via the Seguela project.