Excellent set of confirmatory results, with significant results now in several holes. The system is looking now like it is large, with some real commercial fire in the belly. The oxide looks great, and the fresh rock as well.
The geology very interesting with black shales, permeable mineralised hosts, rheology contrast and now thickness and grade. It obviously has location, location ,being proximal to Randgolds Ops, so very exciting future.
Great geology and great set of numbers...generally you can work through the wet as long as you plan carefully and have some good drillers.
14m @ 11.24g/t Au from 12m (including 8m @ 18.35g/t Au from 17m) from a zone of oxidised quartz veining in BDRC006 (Figure 2) Apollo Consolidated Limited ABN 13 102 084 917 ASX: AOP Level 7, 1008 Hay Street Perth WA 6000 PO Box 556, Cottesloe WA 6011 Telephone: Facsimile: Email: Web: +61 8 9320 4700 +61 9 6314 1557 [email protected]www.apolloconsolidated.com.au 11m @ 9.07g/t Au from 50m in part-oxidised quartz-veined sandstone and shale, and 35m @ 2.93g/t Au EOH from 65m (incl. 5m @ 9.84g/t Au from 65m) in fresh altered sandstone and shale in BDRC005 (Figure 3)
10m @ 3.37g/t Au from 13m in oxidised clays and quartz veinlets in BDRC007 8m @ 2.61g/t Au EOH from 115m in fresh altered, sulphidic and quartz-veined black shale in BDRC004 4m @ 5.69g/
Well done AOP, keep ticking the boxes!
AOP Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held