Announcement Date: 2022-10-18
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Apollo Minerals Ltd.
Project name: Kroussou
Location: Gabon
Commodities: Lead,Zinc
Highlight: Drilling results incl. 6m at 16.14% Zn, 1.99% Pb from 1.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Apollo Minerals Limited (ASX: AON) (Apollo Minerals or the Company) is pleased to report all assay results have now been received for the recent diamond drilling at regional target TP13 where shallow massive zinc and lead sulphides have been confirmed. A total of 24 diamond drill holes for 1,091m were drilled at TP13 (the Niambokamba Target Prospect) with three discrete areas initially targeted. Drilling in the North-West area of TP13 has intercepted a new style of structurally related mineralisation that is characterised by zones of brecciation in core (refer Figures 1, 3, 4 and 5), massive to disseminated sulphides (sphalerite + galena +/- marcasite) and nearby barite mineralisation. Additionally, recent field mapping at TP13 has identified 8 occurrences of gossans within 2km of the TP13 NW area (refer Figure 2). Significant intercepts of this style of mineralisation are summarised below and in Appendix 1. Early results of the interpretation of the recently finalised regional airborne electro-magnetic (“AEM”) survey is shown in Figure 2, where a new embayment just 1km north of the current high-grade results has been identified and subsequently fact mapped. This mapping has identified 30 new barite and 8 gossan occurrences which will be further investigated in the next field season with a view to drill testing as a priority
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