AOP 3.13% 33.0¢ apollo consolidated limited

Ann: Quarterly Activities and Cashflow Reports, page-2

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Still $8.27 million in the kitty. Plenty of firepower to advance Rebecca and Cote D'Ivoire.

    Assays pending from 8 step out holes which if lucky will add value.

    I think this hint is new and mentioned twice in the announcement.

    "Structural study points to a south-plunging geometry in a west-dipping suite of gneiss &
    intrusive rocks. Setting supports potential for long-lived shoots typical of high metamorphic
    grade gold systems"

    Also refreshing to see the company providing easy to interpret graphics with this nice leap frog model set against their long section (below). Highlights the potential of this deposit down plunge. If the high grade can continue down plunge then the "long-lived" reference could translate into a long-lived UG mine reference. Given the ore is structurally controlled there should also be every chance of finding another shoot along strike as well.

    Also remember two of the existing holes ended in mineralisation. Should have brought more drill rods.

    I will be keeping a firm eye on this stock this year and if the results keep flowing I'll be looking to buy the dips. Esh

    leap frog.PNG
 
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