The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Apollo's First Assay Results from Pike River
|
KERRY SMITH, Haywood Securities
(03/05/2010)
"Apollo has released assay results from 11 additional holes at Grey Fox/Pike River—the company has now released assay results on 50 of the 53-hole, 9,936-meter drill program completed in 2009. The remaining three holes to be assayed (holes GF09-67 to GF09-69) trend approximately 75–100 meters further north from these holes just released. Mineralization at the "Contact Zone" has now been identified over a strike length of approximately 400 meters and grades and widths continue to show improvement as mineralization extends to the north. Hole GF09-64 to GF09-66 continue to show encouraging widths and grades to the north—Apollo continues to follow the mineralization north in an attempt to locate the intersection between the north-south trending "Contact Zone" and the northwest-southeast trending Dester Porcupine Fault Zone (DPFZ). . .today's reported assay results from the Pike River Property include 4.3 meters of 3.03 grams per ton in hole GF09-64, 4.2 meters of 19.37 grams per ton in hole GF09-65 and 7 meters of 3.78 grams per ton in hole GF09-66—the most northerly three holes released so far. A further three holes north of hole GF09-66 have assays pending. The 43-101 resource estimate at Grey Fox expected in Q2/10—Drilling in 2009 focused on stepping out at 50 meter intervals to the north along the "Contact Zone" mineralization. We continue to recommend the shares of Apollo Gold Corp. with a SECTOR OUTPERFORM rating and SPECULATIVE risk profile." |
PRINT THIS PAGE
EMAIL THIS PAGE
Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >