Apollo holds a 100%-owned advanced exploration property named the Lake Rebecca Gold Project, which is located 150km east of Kalgoorlie in West Australia. The Company sees excellent potential to extend and quantify newly discovered gold mineralisation at three prospects. RC and diamond drilling has returned exceptional gold intercepts from the Jennifer Lode prospect, including 17.84m @ 15.95g/t Au & 49m @ 4.57g/t Au, and in nearby mineralised surfaces at Jennifer NE and Laura Lodes. The mineralisation extends over 600m of strike and is open in most directions. The Company will continue to aggressively explore the Rebecca Project including around historical gold mineralisation at the Redskin and Duke prospects.
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 a tenement covering promising intrusive-hosted nickel sulphide targets at Louisa in the Kimberley region of Western Australia.
Through its subsidiary Aspire Minerals Pty Ltd, Apollo maintains its exposure to granted exploration permits in northern and central Côte d’Ivoire via a JV with ASX listed company Exore Resources Ltd (ASX:ERX). It also holds a 1.2% NSR over the Seguela Project (Newcrest Mining Ltd) which includes a reported resource of 430,000 oz gold.