Apollo Minerals commences geology study at Mt Oscar Magnetite Project

Apollo Minerals (ASX: AON) has updated  exploration activities currently being undertaken by the company at its flagship Mt Oscar Magnetite Project located in the Pilbara Province of Western Australia.

Encouraged by the results returned from the company’s maiden drilling program at Mt Oscar, Apollo has commissioned a detailed geological mapping program across the entire extent of the magnetite-bearing banded iron formation (BIF) within its 100% owned exploration licence, E47/1379.

This program has the following key objectives:

- To compile a comprehensive three dimensional understanding of the spatial distribution of the BIF units including the presence and extent of any effects of lateral variations in mineral composition (specifically targeting magnetite and silica), ductile (folding) and brittle (faulting) deformation, weathering and any other physical attributes which may influence the iron content and metallurgical performance of the mineralised rocks.

- To verify the accuracy and usefulness of detailed forward and three dimensional inversion models from high resolution airborne magnetic data.

- To put the geological, assay and metallurgical results returned from the recent 5 hole RC drilling program, which tested approximately 1.6 strike kilometres of the overall 5.6 strike kilometres of outcropping magnetite-bearing BIF mapped within E47/1379, into context within the overall framework of the project area.

- To provide a comprehensive three dimensional framework for the locations of a strategic follow-up drilling program, including the recovery of oriented diamond drill cores, to provide suitable material for definitive geophysical modelling, assay, petrography and metallurgical testwork.

The geological mapping exercise commenced in early March is scheduled to be completed in April by a project geologist under the supervision of two senior geologists having collectively, more than 30 years of iron ore experience.

Apollo will then undertake a comprehensive analysis of the results from this study once having integrated it with all other relevant datasets (high-resolution aerial photography, high-resolution airborne geophysics (magnetics and radiometrics), previous regional mapping studies, rock-chip geochemical results and the recent drilling results).

This work will lead to the planning and implementation of a strategic drilling program to generate samples for definitive mineralogical and metallurgical analysis and subsequently, to undertake a resource definition drilling program across the entire extent of the magnetite-bearing BIFs.

http://www.proactiveinvestors.com.au/companies/news/6359/apollo-minerals-commences-geology-study-at-mt-oscar-magnetite-project-6359.html