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apollo consolidated ltd (AOP) Snapshot

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52 Week High
09/19/14 - A$0.04
52 Week Low
12/9/14 - A$0.01
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apollo consolidated ltd (AOP) Details

Apollo Consolidated Limited engages in mineral exploration activities primarily in Cote d’Ivoire and Western Australia. The company holds a 100% interest in the Rebecca gold and nickel project that comprises 335 square kilometers of tenure located in the southern Laverton Tectonic Zone in Western Australia; and the Seguela, Vavoua, Korhogo, and Tengrela permits covering an area of approximately 3,000 square kilometers of Birimian greenstone belts in the West African region. Apollo Consolidated Limited is based in West Perth, Australia.

apollo consolidated ltd (AOP) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: A$122.0K
Company Secretary
Total Annual Compensation: A$50.4K
Compensation as of Fiscal Year 2014.

apollo consolidated ltd (AOP) Key Developments

Apollo Consolidated Limited, Annual General Meeting, Nov 17, 2014

Apollo Consolidated Limited, Annual General Meeting, Nov 17, 2014., at 10:30 W. Australia Standard Time. Location: at the offices of Steinepreis Paganin. Agenda: To receive and consider the annual financial report of the company for the financial year ended June 30, 2014 together with the declaration of the directors, the directors' report, the remuneration report and the auditor's report; to adopt remuneration report; to consider re-election of directors; and to approve 10% placement capacity.

Apollo Consolidated Limited Reports Updates on Exploration Activity at Seguela Gold Project in the West African Country

Apollo Consolidated Limited stepped up exploration activity at its Seguela gold project in the West African country of Cote d'lvoire, where it carried out a first drill-test of prospects. Independence Group NL remained active exploring for nickel sulphide mineralisation at the company's Rebecca Project in the Goldfields of Western Australia. Inaugural RC Program at Seguela Gold Project, First-stage tests of Gabbro and Kwenko prospects, Gold intercepts to 6m @ 7.46g/t Au at Gabbro, 3m @ 5.5g/t Au & 8m @ 1.83g/t Au at Kwenko. More priority EM conductors identified at Rebecca and Seguela Project Cote d'lvoire (Gold) Seguela is the company's lead exploration prospect in Cote d'lvoire. The 350 km 2 permit covers prime Birimian aged greenstone rocks, and is host to multiple gold targets. Exploration is carried out through local partnership company Mont Fouimba Resources SA is which Apollo holds a 51% shareholding and can earn to 90% (government 10%) through staged exploration expenditure. The tenement has widespread indications of gold mineralization and exceptional gold-in-soil geochemical anomalies, yet until this year it had not received any drill-testing. During the Quarter the company initiated a Reverse Circulationdrilling exercise on the property. A total of 25 holes were drilled for 2,440m at two of the more advanced target areas; Gabbro, and Kwenko and a single hole was drilled at Agouti.

Apollo Consolidated Limited Exceptional Grade Soil Anomaly Confirm at Seguela Project

Apollo Consolidated Limited reported that an infill soil program at Antenna South has confirmed that this prospect contains consistently high gold grades in the soil profile. Four lines of infill soil sampling were completed at 400m x 50m sample intervals to further define an emerging anomaly at this prospect. This is Apollo's third phase of sampling here and has taken the grid to a 200m x 50m density. All phases of work have located strong gold grades in the soil profile. Analysis of the infill samples has confirmed the dimensions of the anomaly and has continued to deliver exceptionally high gold results. The central infill lines have returned a number of gold assay of greater than 2.0g/t Au, including a run of consecutive samples assaying 2.67g/t Au, 2.95g/t Au, 2.13g/t Au and 3.81 g/t Au, at a 50m sample spacing. The recent infill work has confirmed a >1.0g/t Au (1,000ppb Au) soil anomaly extending for more than 600m strike length and more than 200m wide. The anomaly is coincident with a low ridge of predominately mafic rocks trending north-south. There are no known artisanal gold workings in the area so contamination can be ruled out, but there may be significant down- slope dispersion of gold.


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