Posted in | News | Gold

Peel Mining Upgrades Apollo Hill Gold Resource

Peel Mining Limited, an Australian company focused on exploring and developing precious, base and specialty metals, has announced that the resource estimate for its Apollo Hill Gold Project is up by 48% after a recent diamond drilling program as compared to the previous estimate of gold resources at the project given in December 2010.

The Perth based company said that the Apollo Hill Gold Project is now said to contain 505,000 ounces of gold. The project is situated 50 km south east of Leonora in the province of Western Australia. The updates resource estimate came after Hellman and Schofield Pty Ltd finished incorporating the results of the exploratory program undertaken by Peel Mining at the prospect.

The Apollo Hill Gold Project is owned 100% by Peel Mining Limited. With the updated resource estimates the project takes on potential for future economic extraction. A preliminary in house scooping study is now likely to begin on the 360 square km mineral tenement area which is located within the majorly mineralized North Eastern Goldfields region of Western Australia.

The project essentially comprise of two deposits which are the main Apollo Hill deposit in the north of the project area and the Ra deposit in the south of the area. Gold mineralization here is associated with quartz veins and carbonate-pyrite. The combined mineralized zones extend over a strike length of about 1.4 kilometers, and have been intersected by drilling to a maximum depth of about 350 meters below surface.

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, March 19). Peel Mining Upgrades Apollo Hill Gold Resource. AZoMining. Retrieved on December 05, 2024 from https://www.azomining.com/News.aspx?newsID=4911.

  • MLA

    Scanlon, Joel. "Peel Mining Upgrades Apollo Hill Gold Resource". AZoMining. 05 December 2024. <https://www.azomining.com/News.aspx?newsID=4911>.

  • Chicago

    Scanlon, Joel. "Peel Mining Upgrades Apollo Hill Gold Resource". AZoMining. https://www.azomining.com/News.aspx?newsID=4911. (accessed December 05, 2024).

  • Harvard

    Scanlon, Joel. 2019. Peel Mining Upgrades Apollo Hill Gold Resource. AZoMining, viewed 05 December 2024, https://www.azomining.com/News.aspx?newsID=4911.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.