Apollo Consolidated Limited (ASX: AOP) has achieved deep drilling success at its 100% owned Lake Rebecca Gold Project located in the West Australian goldfields.
Assays from the ongoing drilling campaign’s latest two holes include a significant intersect of22m @ 3.44g/t Auhas been returned from a depth 361m.
Managing Director, Nick Castleden, said significantly, that drill hole tested a down-dip exploration position below the Maddymineralised structure, well beneath the central part of the pit-constrained RebeccaMineral Resource. The intercept includes a higher- grade zone of 13m @ 5.10g/t Auincluding 1m @ 32.26g/t Au.
Mr Castleden said this hit sits approximately 120m below previous drill intercepts on the Maddy structure and adds to the interpretation that higher-grade zones continue below current Mineral Resources.
The result is supported by extensional intercepts on the Laura structure reported in recent months, including 4.73m @ 19.10g/t Au and 5m @ 5.53g/t Au.
Mr Castleden said the Rebecca structures clearly remains ”live and open” at depth and results point to the potential for additional mining activities at the Project.
Ongoing diamond drilling will build geological confidence around this intercept, as well as continuing to test down-dip extensions of high-grade intercepts on the Laura structure. Several additional pre-collar RC holes have been completed in preparation for this work.
An additional 13 step-out exploration and pre-collar RC holes for 3,040m have been drilled in the Rebecca deposit area. Samples have been delivered in batches to the laboratory for analysis.
RC drilling will next progress to follow-up promising new gold intercepts of 25m @ 1.23g/t and 15m @ 1.40g/t Auat Duchess NE and then onto extensional drilling at the Duchess and Duke Mineral Resources.