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Apollo over the moon with high-grade mineralisation at Niamabimbou - The Pick Online Magazine

Written by Staff Writer | Feb 25, 2022 9:11:48 AM

Apollo Minerals Limited (ASX:AON) has received new high-grade assay results from diamond drilling completed at the Niamabimbou prospect at the province-scale Kroussou zinc-lead Project in Gabon.

The company has now identified high-grade mineralisation at two prospects, Dikaki and Niamabimbou, with both supporting the potential for large-scale, shallow, flat-lying, sulphide- hosted mineralised systems. Dikaki and Niamabimbou are two of the 18 prospects which have been identified along the more than 80km of strike length of prospective geology at Kroussou.

HIGHLIGHTS:

  • Results received from 34 holes drilled at Niamabimbou in 2021 (16km south of Dikaki).
  • High grade zones of mineralisation intersected, which remain open along trend including:
    o 5.3m @ 10.3% Zn+Pb from 54.7m within a broader zone of 27.1m @ 2.9% Zn+Pb from 33.8m; and
    o 3.5m @ 4.6% Zn+Pb from 63.8m within a broader zone of 21m @ 2.0% Zn+Pb from 46.2m.
  • 38 of the 40 holes drilled to date have intersected Zn-Pb mineralisation indicating that Niamabimbou, with over 9km of prospective trend, and up to 1.5km wide, can host a significant mineralised footprint.
  • Two diamond rigs are currently undertaking broad, step out extension drilling at Dikaki, with results from the final 12 holes from the 2021 drilling at Dikaki expected in the coming weeks.
  • Sample logistics to Perth now optimised to enable efficient turnaround for 2022 assays.

The company’s 2021 drill programme is the first ever undertaken at the greenfield Niamabimbou prospect,” Executive Director, Neil Inwood, said.

“The recent results which include 5.3m @ 10.3% Zn+Pb prove that the Niamabimbou system can host high-grade Zn-Pb mineralisation, matching that of the developing Dikaki deposit, located 16km to the north.

“This high-grade mineralisation is open down dip and along trend. Niamabimbou is a highly prospective prospect with only 40 broad-spaced holes having been drilled to date along the extensive 9km of prospective trend.”

“Apollo Minerals’ field work has now demonstrated high-grade mineralisation at two of the 18 defined prospects within the province-scale Kroussou Project.

“Drill rigs are currently undertaking broad, step out exploration drilling at Dikaki, with planning underway to commence additional regional exploration drilling, targeting new and untested prospects in 2022. Strong news flow is expected over the coming months.”

www.apollominerals.com