Apollo Predicts Further Growth At Lake Rebecca
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Apollo Predicts Further Growth At Lake Rebecca

byColin Sandell-Hay, Contributor - The Assay
6 years ago
Reading Time: 2 mins read
Apollo Predicts Further Growth At Lake Rebecca

Infill Drilling Success Adds To Gold Project Picture

Apollo Consolidated Limited (ASX:AOP) reports that ongoing shallow infill drilling at the 775,000-ounce Rebecca Deposit in Western Australia has delivered strong gold hits that support and extend the currently known Mineral Resources.

The results are part of a sizeable drilling programme Apollo is undertaking at its 100% owned +1Moz Lake Rebecca Gold Project located 150km east of Kalgoorlie in the WA goldfields.

To date each of five infill RC holes at Rebecca have hit gold in expected target locations, with additional mineralisation added in hanging wall gold structures.

The five RC exploration drill holes for 1430m were drilled to add geological confidence around the margins of the high-grade Jennifer structure, which is one of the mineralised bodies in the 1.7km long, 775,000-ounce Rebecca deposit. Drilling of this zone and the adjacent Maddy and Laura structures is being carried out to a 25m x ~40m drill density to de-risk future mine studies.

Strong gold intercepts have been returned in the target locations, confirming and in places extending the existing Mineral Resource block model. Significant Jennifer intercepts include 13m @ 2.96g/t Au and 4m @ 2.97g/t Au from 270m, 9m @ 3.81g/t Au from 255m and 7m @ 3.33g/t Au(including 1m @ 19.7g/t Au) from 231m.

Significant new mineralisation has also been intersected in hanging wall? structures that lie to the west of Jennifer including 18m @ 1.79g/t Au from 168m; 15m @ 1.27g/t Au from 85m, and 1m @ 15.3g/t Au from 65m.

These hanging wall structures fall inside the current optimised pit shell but outside the existing Mineral Resource block model and may add to future resource estimations at the deposit.

RC exploration and pre-collar drilling at Rebecca continues, with ongoing drilling testing key infill positions on the Jennifer, Maddy and Laura structures in the deeper portions of the optimised pit shell.

RC drilling has been carried out on infill and extensional positions at the new Cleo discovery. Twelve RC holes have been completed and a further six are planned. Samples are currently at the laboratory. Exploration drilling continues to test under-explored structural targets lying between Cleo, Duchess and Rebecca, as well as key resource-definition positions at Duchess and Duke.

Tags: ASX:AOPDevelopmentExplorationPrecious MetalsWestern Australia
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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