Multiple Mineralised Zones Identified
Apollo Consolidated Limited (ASX: AOP) has encountered widespread gold mineralisation in nine infill Reverse Circulation (RC) drill holes at the recent Cleo discovery within its +1Moz Lake Rebecca Gold Projectnear Kalgoorlie in the West Australian goldfields.
Nine additional exploration RC holes have been completed at Cleoto build geological confidence at 50m line spacing around the 6641820N discovery traverse, including three holes on that section.
Assay results from these holes continue to indicate multiple mineralised zones surrounded by a significant width of gold anomalism.
The discovery remains lightly explored to strike and depth and clearly warrants further drilling.
Significant shallow gold hits include:
- 5m @ 3.76g/t Au from 55m including 1m @ 10.6g/t Au, 15m @ 0.52g/t Au from 80m, 28m @
- 0.63g/t Auf rom 105m and 10m @ 0.92g/t Au from 140m
- 10m @ 0.82g/t Au from 20m, 5m @ 1.69g/t Au from 35m, 5m @ 4.24g/t Aufrom 80m, and
- 5m @ 1.46g/t Au from 95m
- 10m @ 0.62g/t Au from 35m, 5m @ 2.35g/t Au from 60m, and 4m @ 0.97g/t Au from 114m
- 13m @ 0.90g/t Au from 40m and 5m @ 1.64g/t Au from 80m; and
- 13m @ 1.00g/t Au from 110m
The Cleo discovery is located only 1.5km west of the main Rebecca deposit.
A feature of the Cleo discovery is that >0.50g/t Au intercepts lie within particularly wide zones of gold anomalism
Preliminary geological interpretation suggests a near-vertical gold orientation. Immediate follow-up drilling is planned to confirm this geological interpretation and expand mineralised zones into untested areas.
Whilst additional drilling is required to determine the potential commercial significance of Cleo, the identification of a new gold system demonstrates the prospectivity of the entire Project. Further infill and exploration drilling is planned
