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Highlights:
- Fresh Gold Discovery: 11.7m @ 4.3g/t gold from 9.6m depth, including 5.8m @ 8.2g/t from 15.5m.
- Link to Historic Drilling: New results show promising continuity with a previous hole that returned 10.3m @ 3.4g/t gold.
- Future Drilling Plans: Apollo will continue drilling at the A1, A2, and A3 targets, with plans for a broader exploration of the area next year.
Fresh Gold Discovery: 11.7m @ 4.3g/t gold from 9.6m depth, including 5.8m @ 8.2g/t from 15.5m.
Link to Historic Drilling: New results show promising continuity with a previous hole that returned 10.3m @ 3.4g/t gold.
Future Drilling Plans: Apollo will continue drilling at the A1, A2, and A3 targets, with plans for a broader exploration of the area next year.
Apollo Minerals has made an exciting discovery of shallow high-grade gold at its Salanie project in Gabon, Africa, an area that hasn't been drilled for 70 years. Apollo Minerals has made a significant step forward at its Salanie project, reporting a fresh discovery of shallow high-grade gold mineralisation at the A1 target. This marks the first drilling activity in the area in seven decades, and the results have exceeded expectations.
The company's recent drilling in the northern section of the project returned an impressive result of 11.7m @ 4.3g/t gold from a depth of 9.6m, with a standout interval of 5.8m @ 8.2g/t gold from 15.5m. These results confirm the presence of gold mineralisation within a 12m zone of quartz veining and shearing, with visible gold identified between 19m and 19.4m. The discovery indicates a potentially significant gold-bearing system at the A1 prospect.
The area, which had been undrilled for over 70 years, now shows clear potential for further exploration. This is particularly compelling given the link between the new drilling results and earlier findings from hole SATR001, which intersected 10.3m @ 3.4g/t gold. Additionally, soil anomalies in the region have sparked continued interest from the geotechnical team, confirming the area's potential.
Looking forward, Apollo plans to continue drilling at multiple targets within the Salanie project, including A1, A2, and A3. A fourth target, P6, will also be explored, with previous fieldwork indicating the presence of historic gold workings. The company aims to advance its understanding of the mineralised system, with a fresh drilling campaign scheduled to begin early next year.
Apollo’s Managing Director Neil Inwood commented that the results from the first drilling campaign at Salanie are highly encouraging, confirming the presence of a gold system that is open along strike and dip. He noted that these findings underscore the potential of the Salanie Gold Project as an emerging high-grade gold discovery.
Additionally, Apollo Minerals is currently offering a one-for-three non-renounceable pro-rata entitlements offer to further fund its exploration activities. The company’s continued success in the region could position it as a key player in Gabon’s gold exploration landscape.
In conclusion, Apollo Minerals has successfully identified a high-potential gold discovery at the Salanie project, with significant results that could lead to further positive developments in the near future.
