i am no Geo but these drill results (and modelling) look excellent to me .......
"Apollo is excited by the opportunities that this set of drilling results bring, with follow-up work now inprogress. The intercepts are considered likely to add valuable near-surface high-grade material toany subsequent Rebecca MRE and be important contributors to ongoing project technical evaluation."
The current MRE for Rebecca (open pit shell) is 20.4 M tons @1.3gms/ton for 840,000 oz gold
My simplistic interpretation is that this new footwall may potentially add up to 5-10% to the existing pit shell resource .... ie to 880,000 - 920,000oz
IMO this stock looks cheap & i await drilling and MRE updates.
GLTH
AOP Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
