Recent resource definition and exploration activities at Apollo Consolidated Limited’s (ASX: AOP) Lake Rebecca Gold Projecteast of Kalgoorlie has provided the company with growing confidence in the existing 80,000ozInferred Mineral Resourceestimation for the Duke deposit.
Step out diamond drilling exploration results have also have also extended the Laura structure more than 250m down dip and 100m southward, pointing to open plunge potential.
Recent drilling at the +1Moz Lake Rebecca Gold Project has been focused on infill and step-out RC drilling at the Dukedeposit, located approximately 5km south of the flagship Rebecca Mineral Resource, as well as the completion of three diamond core tails to test down-plunge targets at the Rebecca deposit itself.
Highlights from the Dukedeposit includes 36m @ 1.89/t Au*; 41m @1.16g/t Au; 21m @ 1.36g/t Au; 17m @ 1.34g/t Au; 17m @ 1.30g/t Au, and 15m @ 1.64g/t Au.*
The completed drill pattern has confirmed a steeply dipping zone of robust disseminated sulphide-hosted gold mineralisation that remains open at depth and to the east.
According to Apollo, there is potential for gold mineralisation to extend upward well into the overlying oxide profile (an under-tested zone that will see continued shallow drilling), as well as potential for higher grade material in plunge extensions of the system.
Meanwhile, a further three diamond tails were completed at the Rebecca deposit by extending earlier RC pre- collars, for a total 458m NQ core. Drill holes tested step-out and down-plunge exploration targets on the Laura and Maddy mineralised structures in positions well below the current Mineral Resourceat the deposit.
Apollo said it will continue to drill exploratory diamond holes below the Rebecca Mineral Resource as pre- collar holes become available, predominantly testing plunge targets for high-grade mineralisation suitable for underground extraction, and expects this work to ramp-up into 2021.
