AOP 0.00% 61.0¢ apollo consolidated limited

Ann: Drilling success on multiple fronts at Rebecca, page-2

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    Significant new gold hits in new Reverse Circulation (RC) drilling at Apollo’s flagship 840,000oz1Rebecca gold deposit.

    ➢ Step-down drilling opens new zone of high grade down-plunge exploration potential in lightly drilled southern part of deposit. Significant results in areas extending beyond the April 2021 Mineral Resource Estimate (MRE) include:
    ❖ 8m @ 7.81g/t Au* and 7m @ 3.71g/t Au* in RCLR0820
    ❖ 10m @ 2.54g/t Au* in RCLR0817
    ❖ 2m @ 13.69g/t Au in RCLR0827

    ➢ Additional drilling into emerging ‘footwall’ structure confirms high grades remain open to depth:
    ❖ 3m @ 10.77g/t Au and 8m @ 3.15g/t Au in RCLR0821

    ➢ Strong resource definition intercepts add value to Rebecca model:
    ❖ 6m @ 9.73g/t Au and 10m @ 1.13g/t Au* in RCLR0819
    ❖ 13m @ 1.68g/t Au in RCLR0818
    ❖ 30m @ 0.96g/t Au* at shallow depths in RCLR0825
    ❖ 12m @ 1.15g/t Au at shallow depths in RCLR0823* Intercept contains one or more composite sample that will now be resampled at 1m intervals.

    ➢ Ongoing resource definition drilling continues to find new shallow gold mineralisation in under- drilled parts of the optimised pit shell used to constrain the MRE of 29.1 million tonnes at 1.2g/t Au for 1.105 million ounces1 of gold. Results are expected to add more near-surface material at a higher average grade than the MRE.
 
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