Recent mapping has identified gossans 200m east and 1.3km north of the discovery which will be priority targets for the next phase. Pic via Getty Images.
Apollo Minerals finds a massive sulphide discovery of up to 40% zinc-lead at Kroussou
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Thanks to regional drilling only 7km north of previous drilling at the TP13 target, a new game-changing discovery has been confirmed by Apollo at the Kroussou zinc-lead Project in Gabon.
The company has reported solid results from its recent drilling at its zinc-lead prospect in Gabon, with multiple holes intersecting major high-grade mineralised structure, with results including:
- 40% zinc-lead over 3.5m from 3.5m depth within a broader 6m at 18% zinc-lead zone
- 10% zinc-lead over 4.4m from 37.4m within a broader 8.7m at 6% zinc-lead zone; and
- 8.6% zinc-lead over 4m from 27.7m within a broader 6.2m at 5.9% zinc-lead zone.
A total of 24 diamond drill holes for 1,091m were drilled at TP13 (the Niambokamba Target prospect) with three discrete areas initially targeted.
Apollo Minerals’ (ASX:AON) managing director Neil Inwood says these results not only enhance expectations for the potential scale and quality of Kroussou but the new style of mineralisation provides a structural target-style, which will redefine the future exploration focus.
Opportunity for discovery is massive
“These are spectacular assay results,” Inwood adds.
“Data from the recently completed airborne electromagnetic survey will now be utilised to generate additional exploration targets to the 23 targets already identified at Kroussou.
“The opportunity for discovery is massive and our excitement is palpable – we believe Kroussou really does have the potential to be a very large, province-scale zinc district.”
What’s next?
The work program at Kroussou is currently focussed on the analysis of regional drilling and exploration completed at TP13, TP9, TP8 and TP24 as well as the interpretation of a regional airborne electromagnetic survey for target generation in-line with previous geological data sets.
Interpretation will also focus on identifying potential high-grade structural targets as displayed at TP13 as well as embayment-style targets as seen at Dikaki (TP11).
Metallurgical test work from TP11, undertaken by Independent Metallurgical Operations (IMO) in Perth, is being finalised with analysis of results for release during October.
This article was developed in collaboration with Apollo Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
